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Metaplanet Goes Full Crypto Degen: Scoops Up 555 More BTC, Hits 5,555 Bitcoin Stash
Metaplanet Goes Full Crypto Degen: Scoops Up 555 More BTC, Hits 5,555 Bitcoin Stash
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Tokyo-based investment firm Metaplanet just doubled down on its bitcoin bet—adding 555 BTC to its treasury in a single move. Total holdings now stand at a meme-worthy 5,555 BTC (~$350M at current prices).
Why it matters: This makes them one of Asia’s most aggressive corporate BTC adopters, outflanking even MicroStrategy’s early moves. The purchase comes as Japan’s yen continues its slow-motion collapse against hard assets.
The cynical take: Nothing says ’conviction play’ like round-number accumulation that looks great in press releases. But with Japan’s negative-rate quagmire, can you blame them for fleeing to digital gold?
Metaplanet, a Japanese investment organisation has taken another big step within the cryptocurrency industry. On May 7, the CEO of the company Simon Gerovich, announced this update over X (formerly Twitter) to purchase 555 Read More
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