I assume thats his personal stake and its really not our business what he decides to do with it! but if the steemit account started to power down, then i would get scared lol!
Hopefully he plans to redistribute it to another account to delegate it for more Steem projects! since the Steem hunt thing was such a success, I assume they are looking for more worthwhile projects to delegate to
Already happened before and we are still here :)
Was this recent? How did i miss this? I've been here for almost 6 months and i didn't notice that at all! lol
I believe most went to 'savings' and another part to delegation of awesome projects on the blockchain like dtube, dlive, steemhunt, esteem ect ect...