Why Nostr? What is Njump?
2023-09-08 02:22:22
in reply to

NBS on Nostr: npub1j0at4…0f5gh npub1ul8tu…4kl35 Agree with Mark. B&M Gates Foundation buying ...



Agree with Mark. B&M Gates Foundation buying wouldn't move the needle, like you said.

BUD's market cap is far larger than the Foundation's investment so that won't move the needle, but sometimes big-name investors can help turn a company around (either by minority share or just public image). In this case, they don't have a minority share, and I doubt anyone is celebrating their foundation buying BUD.

More on that strategy here though: https://www.investopedia.com/terms/a/activist-investor.asp
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