Actually we don't know where the money is. How much did buying the 55nm IP cost? How much is it costing to upgrade the 28nm to a full custom (higher NRE cost ..?)? How much money is being refunded for preorders, and was the preorder money converted to BTC?
All of that I really don't care about - for two reasons:
You are ignoring the original point which is that we don't know where the money is and should. Just because you don't care doesn't change that fact (since you like to speak of "facts" so much).