Just gotta follow the money. CEO gets paid based on the company’s valuation, so he’s making a crazy pitch to buy another company 4x of their own valuation in an effort to eventually pump and dump on the share holders (leveraged buyout).

So is everyone else.

specialty buy-only pawn shop did a bunch of buybacks after the shorting trend to recover.

Quietly built a bunch of cash and assets to put against the bid

Buy out a lead competitor online exchange to improve visibility and short term profits

Coming soon - digitize and buy/sell to people directly while still reaping a slice for themselves for a small amount of the cost of workers

They’ll be back under in 6-10 years minimum with how they spend.