Buying a property and milking it fast enough to get a return before its full dead isn't "dumb" per se. Some companies have it as their core business model.

I think they will be that dumb. Or rather greedy.

(Is there a term like hanlon's razor for "never attribute to stupidity that which is adequately explained by greed"?)

Microsoft paywalled Solitaire, never underestimate corporate greed.

Based on their reporting the past couple of years I wouldn’t be confident estimating the depth of their stupidity