Metaplanet Goes All-In on Bitcoin: Snaps Up 1,005 BTC and Raises $208M War Chest for More
Tokyo-listed Metaplanet just doubled down on its bitcoin bet—hard. The firm scooped up 1,005 BTC and issued $208 million in bonds exclusively for more crypto acquisitions. No half-measures here.
Why bonds? Because when traditional markets bleed, smart money builds bridges to the future. Though let's be real—it's also a delicious middle finger to Japan's negative interest rate policy.
This isn't dipping a toe in the water. It's a cannonball into the deep end of institutional crypto adoption. Will other corporations follow suit, or will they keep pretending their treasury bonds actually hedge against inflation?