Japan's Bitcoin Adventure
The mornings at the Tokyo Stock Exchange are always full of busyness and noise. Mr. Tanaka, the chairman of Metaplanet, was particularly energetic today and walked with a breeze.
Colleague Kobayashi asked curiously: "Mr. Tanaka, what's the good news?"
Tanaka smiled and replied: "Our company bought another 108 bitcoins!"
Kobayashi widened his eyes: "No way? Now the price of Bitcoin is so high, you still keep buying?"
Tanaka said proudly: "What do you know, we are learning from MicroStrategy in the United States, and the company's strategy is upgraded! Moreover, we also sell put options, two-pronged approach, and the income is stable."
Kobayashi scratched his head: "Sell put options? Isn't this a bet that Bitcoin will not fall? What if it falls?"
Tanaka smiled mysteriously: "Don't worry, Bitcoin will only rise, not fall!"
As he was talking, the TV in the office reported: "The price of Bitcoin suddenly fell by 10%!"
Tanaka's smile froze. Colleagues looked at him one after another.
Kobayashi whispered, "Mr. Tanaka, what should we do now?"
Tanaka coughed and said, "It's okay, this is a good opportunity to buy! Let's buy another batch!"
The employees looked at each other, but still did it.
After a while, the TV broadcast again: "Affected by the market, Metaplanet's stock fell 15%."
Tanaka's forehead began to sweat. Kobayashi asked with concern, "Do you want to take a break first?"
Tanaka said with a strong voice, "No, no, we are investing for the long term, and we need to take a long-term view!"
Just then, Tanaka's cell phone rang, it was his wife.
"Old Tian, why is there so much less money in the family's investment account?" The wife's voice was a little anxious.
Tanaka smiled awkwardly: "Well, dear, this is a strategic loss for greater future gains!"
After hanging up the phone, Tanaka sighed: "It seems that being the 'MicroStrategy of Japan' is not that easy."
Kobayashi patted his shoulder and comforted him: "At least you have more courage than them!"
Tanaka smiled bitterly: "Yes, there is also an extra family crisis."
The two smiled at each other, looked at the Bitcoin price jumping on the screen, and sighed: "Investment is risky, be cautious when entering the market!”