Well, Charles Hoskinson, the founder of Cardano, says they are going to take 140 million ADA from the treasury —which is not pocket change— to buy Bitcoin and their own stablecoins. The idea is to give a boost to the DeFi ecosystem.
And just like in the field when someone talks about moving the pool, there are those who applaud and others who protest. The price of ADA dropped by 6% right after the announcement, as if the donkey had its feed sack taken away.
Some see it as fertilizing the land so that it blooms later. Others see it as throwing good wheat to the chickens without knowing if they will lay eggs.
Here, the important thing is not to get carried away by the noise. If you plant wisely, you will harvest joyfully. But if you do it haphazardly, then come the tears.
