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Stockholders can buy their own Bitcoin whenever they feel like it, relying on a corporation to do it for them just triggers Corporate Income Tax before the norm
by j_timberlake 1y ago
Stockholders can buy their own Bitcoin whenever they feel like it, relying on a corporation to do it for them just triggers Corporate Income Tax before the normal Capital Gains Tax.
But I doubt the stockholders care about basic stuff like that.
- rcxdude 1y agoA lot of strange behaviour on the stock market seems to more or less be "a large enough fraction of investors are bad at math". Crypto buying is one of them: buying and holding cryptocurrencies seems to drive up the market cap of a company by more than the cryptocurrencies they are buying (even if they issue more shares to pay for it), so why wouldn't any random company just take the free money?