this post was submitted on 13 Aug 2024
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[โ€“] ayyy 8 points 3 months ago (1 children)

Also the shares will be worth more the less it is controlled by him.

[โ€“] [email protected] 5 points 3 months ago* (last edited 3 months ago)

Maybe longer term, but short/medium term it adds 715 million shares which will increase supply dramatically. The price won't be able sustain that.