BITCOIN GAMBLE: AFRICAN FIRM DOUBLES DOWN AS CURRENCY COLLAPSE LOOMS
An African company is betting everything on Bitcoin, and banking on YOUR pain. The Africa Bitcoin Corporation (ABC) has just poured another R1.14 million into the volatile crypto market, secretly snatching up 1.35 BTC. This sinister haul brings their total to 4.55 Bitcoin—a R4.7 million war chest designed NOT to build businesses, but to shield wealthy shareholders from a dying financial system.
This is a dangerous copycat play. ABC is mirroring the extreme strategies of giants like Michael Saylor’s MicroStrategy, which plunged into over 730,000 BTC using DEBT. Now, ABC is following suit, launching a R5 BILLION debt programme to fund its bitcoin shopping spree. They’ve even hired a U.S. investment bank, paying them with company shares. This isn’t investment; it’s a calculated BET against the future of the South African rand and the stability of the entire continent’s economy.
Why the desperate move? Look at the blueprint: Japan’s Metaplanet faced total collapse, then pivoted to Bitcoin—its stock price SOARED 300%. ABC is chasing the same volatile ghost, admitting their own share price swings wildly. They call it a strategy for “long-term wealth.” The hidden truth? They’re preparing for systemic failure, converting real assets and taking on massive debt to buy digital gold while ordinary people face rampant inflation.
The final, chilling metric? “Sats per share.” This measures how much bitcoin backs each stock. ABC’s pathetic yield is a mere 40 satoshis per share—a drop in the ocean compared to its rivals. This reveals the terrifying scale of the global race they’ve joined, one where corporations abandon real-world growth for a digital lifeline. They are building a fortress of Bitcoin, and leaving everyone else outside the walls.
Edited for Kayitsi.com
Author: Kayitsi.com
