Nasdaq-listed stock plunges 29% after announcing plan to buy Bitcoin

Alpha Modus is attempting a radical survival tactic by acquiring $200 million in Bitcoin—a position that dwarfs its own $18.9 million market cap. Despite claims this will "strengthen equity," the market immediately wiped out 29% of the company's value. With 70% of top corporate Bitcoin holders losing half their market value lately, the dream of BTC as a corporate savior is dying. Is loading a balance sheet with crypto a genius move or a desperate suicide mission? What’s your take?
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