• mipadaitu
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    7 months ago

    If he tries to sell any substantial portion of his holding, the price will crater.

    • MiltownClowns
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      7 months ago

      Thats the best part! He can take out loans against that as collateral. Then when he inevitabley defaults and the banks finally acknowledge the collateral is worthless, we bail out the banks! Capitalism!

    • ikidd
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      7 months ago

      Not if there’s a state actor or two to keep buying. I wonder who that would be…

      • SinTacks@programming.dev
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        7 months ago

        He can’t just sell 2bn at once. They’re saying as he sold the price would naturally crater even without news getting involved.

    • ripcord
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      7 months ago

      Since the stock price is based on fee-fees, grift, bribery, and money laundering - there is absolutely no reason to think this is true.