Have to post on this matter. I don’t know if this is brilliant or just plain greedy and a bit unethical. They diluted the heck out of it to buy bitcoin. Then do a reverse split to reduce the outstanding shares and boost the price. Their excess cash to buy BTC was financed by existing shareholders. Now each will have 1/8th of existing shares and price should go up by a factor of 8. But price will certainly suffer between today and the 23rd. Price will be too high afterwards with current sales, profits and will eventually drop. Shareholders screwed twice.
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