Nano Labs accounced that it will be issuing debt to by Binance coin of all things and stick it on their balance sheet, and their stock popped 320.68%
The convertible bonds to buy shitcoins can only end badly, but it's a stark reminder that #Bitcoin as s strategic reserve asset versus #shitcoins as a strategic reserve asset is a distinction without a difference to the investor.
The next round of rug pulls are going to be epic
