Comment by Spivak
They offer a low price because the risk of tanking your career, landing yourself in jail, and the fact that the researcher probably doesn't know how to line up a sale means the company is the only buyer.
I would go the other way, companies offer low bug bounties because they don't want researchers to discover them in the first place. This looks terrible for Arc despite the fact if left undisclosed it probably would have continued to be unexploited for years to come.