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Metaplanet Doubles Down: Snaps Up 1,111 Bitcoin ($117M) to Amass 11K BTC Treasury
Metaplanet Doubles Down: Snaps Up 1,111 Bitcoin ($117M) to Amass 11K BTC Treasury
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Tokyo-listed Metaplanet just dropped another nine figures on Bitcoin—because apparently, corporate treasuries weren’t volatile enough.
The ¥117 million splurge adds 1,111 BTC to their crypto vault, pushing total holdings past 11,000 coins. That’s roughly one Satoshi for every Japanese yen they’ve ever printed.
Why? Who knows. Maybe their CFO lost a bet. Or maybe they’ve finally realized government bonds yield less than a DeFi rug pull.
Either way, the move cements Metaplanet as Asia’s most aggressive public company Bitcoin whale. Watch out, MicroStrategy—there’s a new addict in town.
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