News for hackers. Stuff that matters.

A comment on Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies. Parent comment

Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr... by AznHisoka on Thursday January 25, 2018 @07:40PM (#16236146)
Other than the IPO, when you buy stock you aren’t providing capital for companies to use though, right? and most companies do not pay dividends at all.
[ Parent | on HN ]
Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr... by aoeusnth1 on Thursday January 25, 2018 @09:55PM (#16236710)
This is a common misconception. Companies often raise capital by selling more stock, and by buying stock you increase the amount they are able to charge.
[ Parent | on HN ]