Firstly, I hope everyone enjoyed their weekend. If you're readying this, you likely got introduced to crypto via BTC or ETH and then found NFTs. BTC is going to $100k and there's nothing any of us can do about it. IT IS ONLY A MATTER OF TIME.
INVESTMENT - I propose the corp takes a 2x leveraged position in Index Coop's BTC 2x Flexible Leverage Index. This is an ERC-20 token linked to BTC through collateral on the Compound network. Similar to my ETH 2x BTFD proposal, this coin is from the same leveraged index company, Index Coop. They are well known for the DPI, DeFi Pulse Index token as DeFi became popular last year. The company and products have been vetted as trustworthy and legitimate.
DUE DILLIGENCE - https://indexcoop.com/bitcoin-flexible-leverage-index-btc2xfli
The Bitcoin Flexible Leverage Index (BTC2X-FLI) makes leverage effortless. The end user does not have to worry about:
BTC2X-FLI has several key advantages over Legacy Leveraged Tokens:
SALE PRICE - SELL WHEN BTC HITS $100k - we all know it's coming, just a matter of when... TIME FRAME - hopefully short, hopefully not long. RISK - LOW/MEDIUM - sort of a matter of time.
ROI - BTC at ~$40,000 USD means a 2.5x return to $100k. This is a 2x leveraged token, so after fees, depending on how long it takes for BTC to reach $100k, we're probably looking at 4.75x or nearly a 400% return.
Forever, for the Corp! Legweak