SURGE: LeoStrategy’s Answer to Risk Management in Crypto

A hybrid token with three distinct benefits:

• stability

• passive income, and

• future speculation

The name of the token is SURGE. This hybrid token is "LeoStrategy's first derivative financial product within the LEO Token Economy, designed for both yield and hedging."

A few days ago, I completed watching this 6-minute video about SURGE. We are told that the Leo team copied this strategy from Michael Saylor's MicroStrategy. We saw two days ago how such a strategy worked out in real-time when the proceeds from STRK ATM, STRF ATM, and STRD ATM were utilized to purchase $51.4 million worth of BTC. After that purchase, MicroStrategy now holds a total of 629,376 BTC, worth approximately $46.15 billion. Source.

As I mentioned in my son's blog:

The token could be the new standard for the crypto space to manage risk and speculate at the same time. The token offers stability with a floor price of 1 USD, a passive income of 16.67% APY paid out weekly, and a future opportunity to convert SURGE to LSTR.

I think the Michael Saylor strategy is gaining attention now; that is why the Financial Times reported:

In August, . . . American Bitcoin, a US miner backed by Donald Trump Jr. and Eric Trump, is exploring acquisitions in Japan and Hong Kong to create MicroStrategy-style treasury companies. Source.

It is good; while waiting for my funds to arrive, the prices of both SURGE and LSTR did not appreciate as I expected. And that is why, in response to this announcement, I bought 30 SURGE and 10 LSTR:

• https://he.dtools.dev/tx/9daf2eded7d70ec0ee7d64ed49c9f23686d663ff

• https://he.dtools.dev/tx/fada163e218deb504176891450cc770011bd1172

Let us see how all of these will work out in the months to come!

Grace and peace!