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> businesses start hoarding crypto tokens instead of investing in building stuff Share buybacks. Tech businesses are buying their own shares to pump the stock
by sygma 6y ago
> businesses start hoarding crypto tokens instead of investing in building stuff
Share buybacks. Tech businesses are buying their own shares to pump the stock price (and their options' value) rather than investing in building stuff.
- BenoitEssiambre 6y agoShare buybacks end up reinvested. This is not the same.