Yeah so I think I know the investor you are referencing and I understand their strategy. I can see how naive/inexperienced/noobs would be confused.
Let's begin with the premise that ALL Bitcoin Miners are scams and therefore should only be used as a means to an end. The "end" being to build a holding of the Asset, Bitcoin, and not be stuck holding shares in a company that HODLs Bitcoin and uses investor money to support their continued operation thru Public Offerings (Dilution) and REVERSE SPLITS. i.e. $HIVE
The investor in question bought in long ago at $0.49 and continued to flip and flop their shares up to $HIVE's ATH and by doing so (buy low/sell high - wash/rinse/repeat) realized profits which were then used to buy The Asset, Bitcoin. After a period of continued profit taking the investor was able to "play" with what were/are now "free shares."
The investor has correctly identified Frankie The Lowlife POS's scam and is able to see thru his conman, used car salesman bullshit and therefore has successfully accumulated his own store of HODL'ed Bitcoin and continues to add to it using the strategy described above.
Meanwhile the inexperienced, gullible, naive investors are stuck underwater unable to sell without absorbing losses and are forced to endure Frankie's continued exploitation of them through Dilution and REVERSE SPLITS.
Having sold 10k (free) shares before the 1:5 REVERSE SPLIT was effectuated the investor is now waiting for the pps to fall back down below $1/$0.20 (post/pre split) when they will buy back in and wait for the next run up. (Wash/Rinse/Repeat)
A reminder: Investors in $HIVE (and any other Bitcoin Mining Scam for that matter) *DO NOT* own any Bitcoin. They own increasingly worthless shares in a company that owns and HODLs Bitcoin.
Hope this clears up any confusion, but I suspect it's hard to read underwater.
Hero Worship Inhibits Free Thinking -- Don't Drink The Kool-Aid
. . . . . . . . and of course Reverse Splits SUCK!!!!!
