#MetaplanetBTCPurchase The strategy of Metaplanet, and other companies that issue debt to accumulate Bitcoin, is undoubtedly a risky bet that amplifies exposure to Bitcoin's volatility, but it is made under the belief that it is a smart hedge against inflation and a long-term strategic move for capital appreciation.

For this strategy to be considered "smart," the company needs to have a very strong conviction in the thesis of Bitcoin as a store of value and a high tolerance for risk.