[owenbrown]

I've always found it odd that cash-rich companies keep bank accounts, when they could purchase short-duration t-bills.

There's now at least one business bank the will purchase t-bills on a companies behalf with minimal transaction costs.

[dehrmann]

You need some of that for working capital, and if you want to play the t-bill game, you're better off with a money market fund and letting someone else do the work for you.

[chollida1]

If your Roku, How do you pay

salaries

interest on debt

Bills

Lobbyists

Foreign companies that manufacture your hardware

Hedge currency from foreign sales and bills

All without a bank account?

Keep in mind they say this is 25% of their cash, clearly they invested the bulk of their short terms assets elsewhere .

[di456]

Aka operating cash