Five companies (AAPL, MSFT, GOOGL, AMZN, and META) are hoarding a combined $517B of cash.
A mere 1.67% of that is equivalent to the $8.5B of total net inflows into the #Bitcoin ETFs, so far.
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What's the advantage of holding that much cash? I l know I'm biased, but I don't get it.
That's a lot of melting ice cubes!
Lavish in the house! 🔥 🫡
Yo. Going to try and spend some more time here now that my Nostr is fixed!