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‘Crazy Stuff’: Daredevil Investor Goes Into Debt By Maxing Out 8 Credit Cards To Buy Bitcoin

A pseudonymous cryptocurrency investor going by the name Sunny Po on X went posted about a “90-day update” on a strategy to take out credit card debt to buy Bitcoin (CRYPTO: BTC). What Happened: Po’s post on how he is “maxing out 8 credit cards” gathered over 500,000 views. According to a screenshot of a spreadsheet he uses to track his investments, Po has bought 1.4488 bitcoin at an average price of $37,443. He did so accruing credit card debt of $54,251, with a minimum monthly payment of $542. As of Feb. 27, unrealized profits stood at $27,321. Po also shared that his credit cards have a 0% …