Metaplanet Doubles Down on Bitcoin—Amasses 8,888 BTC in Latest Treasury Gamble
Tokyo-based investment firm Metaplanet just loaded up on more bitcoin—because apparently, traditional finance wasn’t volatile enough. Their latest purchase pushes their total holdings to 8,888 BTC, a number so auspicious it almost distracts from the fact that they’re betting corporate reserves on a decentralized asset class Wall Street still calls ’too risky.’
While legacy institutions waffle over ETF approvals and regulatory red tape, Metaplanet’s aggressive accumulation strategy reads like a middle finger to fiat conservatism. The move echoes MicroStrategy’s laser-eyed playbook, but with a distinctly Japanese twist: embracing digital scarcity while the yen flirts with inflationary collapse.
Another day, another corporation treating bitcoin like a balance sheet life raft. At least they didn’t YOLO into a shitcoin.
