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yes, but dilution is a real expense to all shareholders - just an accounting trick to avoid calling it an expense
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Agreed, as a shareholder I hate stock based comp but I understand why companies and employees like it. I would rather have Bitcoin but I don’t see it becoming a thing any time soon other than maybe with MSTR.
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Don't most companies issue shares for stock based comp?
If so, the cost is dilution of shareholders not a direct expense whereas buying bitcoin to issue to employees would be a direct expense.