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anion

12/21/23 1:45 AM

#5567 RE: Diogenes of Sinope #5566

Yeah, as I have stated previously, RIOT looks to have turned into a dilution platform, for the sole benefit of the employees (management?), and screwing its shareholders.

While I do not usually have an objection to a company diluting its shares to provide employee benefits, RIOT does not yet seem to have reached the level of corporate, let's say, wealth to justify such rabid stock dilution.

And it shows in the stock price.


My question at this point is... why does RIOT management continue down this path of shareholder dilution?