[-] regolith@lemmy.whynotdrs.org 1 points 3 months ago

Since they are debt-free they can use the billions to buy US Treasuries or similar and use the interest as revenue for profitability or a dividend, for as long as they want. If the share price continues to go up and they issue more shares then they can further increase their interest revenue from treasuries.

12
wut doing Berkshire-Hathaway? (lemmy.whynotdrs.org)

Today's low: $185.10 Today's high: $726,715.62

[-] regolith@lemmy.whynotdrs.org 4 points 3 months ago

tee hee hee

[-] regolith@lemmy.whynotdrs.org 1 points 4 months ago

welp, glad that is over and done with.

5

I mean, besides money laundering...

[-] regolith@lemmy.whynotdrs.org 4 points 4 months ago

Personally, I don't think it's a rug pull. Worth noting that virtually all of the price action and volume is happening before market open. And there were some weird price swings after hours today from 51 down to 26 and back again, repeatedly for a short period of time. Without any evidence to support or refute anything my assumption is that major players are trying to make deals with each other, and some are successful while others are not.

4

While I know everyone here is a big swingin' ape, I thought it worth reminding everyone that has a credit card to check and see if they have been accumulating cash back rewards over the years as that could be a pleasant surprise that is applied towards DRS. Not financial advice.

regolith

joined 1 year ago