Re:Berkshire: Bitcoin is ‘contrary to the interest of civili...
by tromp on Monday May 10, 2021 @09:32AM
(#27105788)
If I buy the stock in order to hold it for 30 years, doesn't that reduce liquidity?
[ Parent
| on HN ]
Re:Berkshire: Bitcoin is ‘contrary to the interest of civili...
by maxqin1 on Monday May 10, 2021 @09:36AM
(#27105830)
No, because your holding increases the price until someone else decides it's time to tell. In other words, the lack of liquidity increases price. Regarding your original question, that increase is GOOD for the company because it can raise more money for selling the same amount of stock.