That is just his personal account but Steemit Inc still has a ton of Steem powered up in the other accounts. Just look at @steem and @steemit (to name a couple of accounts).
They use that account to pay for their expenses (as far as I can tell). They are withdrawing 151K per week. The account still has 44 million SP. I don't think we need to worry about it right now.
Hope you are right , did you see the power down started in the @steemit account
They use that account to pay for their expenses (as far as I can tell). They are withdrawing 151K per week. The account still has 44 million SP. I don't think we need to worry about it right now.