This company ninjamined something like 70% of all STEEM
And the debatable 34 millions would be just about 10-15% of all Steem.
So, the biggest part of the ninja-mine is already redistrebuted. Isn't it sort of to late to worry ?
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Your numbers are off here. The original stake passively increased dramatically during hyperinflation and somewhat slower thereafter. I'm told that Steemit now owns about 70 million still currently across different (known) accounts, although I haven't verified that number myself. It is somewhat over 20% of total supply and about 35% of voting stake.
Yes, I guess you are right. I just wanted the OP to make some clarification about.
Edited: for me it still seem to be to late to worry.