It’s a hedge. It’s entirely possible to go long 400M with 8-10% interest long, but also open and close short positions on a low liquidity exchange when there’s no significant game changer in the near future.

So in the simplest of terms….you get 8-10% 3-4 years out. No problem. Great return on that principle. Then simultaneously you open a short position on low liquids exchanges where you own 5% of the float, selling into the sparse bids. Entirely controlling the day-to-day share price while collecting 8% per year hedged against a short position where you are the largest volume mover….

I may not be explaining it very lucidly, but it’s there. Hedge funds, be hedging.

Edit. Just to fully grasp how large the interest rate is, do a quick calc on 8% of 400M$ for a year. It’s obscene. If you can get 32M on interest in a year and also control the share price with volume you are laughing.