#MetaplanetBTCPurchase #MetaplanetBTCPurchase
šĀ Metaplanetās Bold Bitcoin Move & The Debt Dilemma in Crypto InvestingĀ š°šŖ
Metaplanet just made waves by scooping upĀ 1,112 BTC ($117M), pushing their total Bitcoin stash to a whoppingĀ 10,000 BTC, making them theĀ 7th largest BTC holder worldwide!Ā šš„ Since they started buying in April last year, theyāve invested nearlyĀ $196MĀ at an average price of $82,100 per coin, and their shares surged 21% after their earlier purchase this year. Talk about confidence in crypto! šāØ
But hereās the twist: many companies, including big players like Metaplanet, areĀ issuing debt to buy Bitcoin. Is this a savvy hedge or a risky gamble? š¤
The Smart Hedge š”ļø