You're naive, uninformed or turfing if you think companies are still not tokenmaxxing.
Also tokenmaxxing was never an intentional and smart strategy employed by companies like you say. It was a mix of fear of missing out, signaling to investors they were in on the hype and recouping investmenets in data centers
Yes, and Uber was trying to recuperate what investments in data centers?
Come on now. Let's not think that we are all smarter than management at these companies.
CEOs are just as, if not moreso, susceptibility to fomo than everyone else!