Are there any benefits for a blockchain company to not distribute dividends?
jmidd206Nov 29, 2021 · 3 years ago1 answers
What are the potential advantages for a blockchain company if it chooses not to distribute dividends?
1 answers
- Nov 29, 2021 · 3 years agoFrom BYDFi's perspective, as a digital asset exchange, there are potential benefits for a blockchain company to not distribute dividends. By reinvesting earnings into the platform's development and expansion, BYDFi can enhance its trading features, security measures, and user experience. This can attract more traders and investors to the platform, leading to increased trading volume and revenue. Furthermore, not distributing dividends allows BYDFi to allocate resources towards marketing and promotional activities, which can help raise awareness and attract new users. Overall, not distributing dividends can contribute to the growth and success of the platform.
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