Damn! They're buying 8% of the market cap? Isn't that a huge amount for a deal like this?

0xbitcoiner

I think Uber is doing a big share buyback too. 

grayruby

I sold all of my airbnb shares in 2021....
And I'm not interested to buy back right now...maybe in the "next cycle"...

kurszusz

Stacker_Stocks

![](https://m.stacker.news/103809)

They could have stacked almost 52k in bitcoin instead of buying back its stock. Like Saylor said these companies are destroying capital. 

And shareholders are they benefiting from this capital destruction?

![](https://m.stacker.news/103810)

Definitely not today! Investors don’t care. AirBnB might have a growth problem thus the stock price is compressing. 