Dilution to buy more BTC and raise they sat per share metric. It appears they are staying debt free! Hopefully share holders are fine with the sats per share going up.
(disclaimer I own shares of LQWD)
pull down to refresh
68 sats \ 4 replies \ @yfaming 16 Jul
Is it a good idea to invest in its stock?
reply
21 sats \ 3 replies \ @BlokchainB OP 16 Jul
Only after you accumulated enough bitcoin savings
reply
59 sats \ 2 replies \ @yfaming 16 Jul
Yeah. But we will never have "enough" bitcoin.😂
reply
21 sats \ 1 reply \ @BlokchainB OP 16 Jul
But the supply is fixed so your can never own 22M. So I think it is best to hit a soft target and then you can you can look for other opportunities if you so wish
reply
0 sats \ 0 replies \ @yfaming 16 Jul
Totally agree!
reply
54 sats \ 0 replies \ @kurszusz 29 Jul
They chose a good strategy that can work in the long run!
It should be kept in mind that the ratio should not increase excessively with BTC "hagiation", because it will ultimately affect the "result"...and the shareholders will not benefit from it (it's like the "social trap of the common pasture")
reply