Rich Nost on Nostr: Back in the scambrian explosion, failing companies would announce putting their ...

Back in the scambrian explosion, failing companies would announce putting their business "on the blockchain." It was a scammy way for inside legacy bagholders to pump the price and get a quick return on their loyalty bag with no intent to execute. Most famous for this was Kodak.

https://www.nasdaq.com/articles/k-wave-media-inc-announces-500-million-securities-sale-advance-bitcoin-centric-treasury