Justin did not pay anything close to 12 million dollars. He got a massive discount, either because he know about the stake being a form of dev fund and thought he could jam it out anyway with the help of exchanges, or he couldn't resist a deal that was "too good to be true" and didn't bother to carefully look into what he was buying.
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How much he paid is not an opinion, it is a number. The rest of my comment is a set of alternatives, which is also not opinion, as one of them must be true. Did I miss some other possibility? I don't think so.