Metaplanet Stock Plunges 50% Amid Massive $3.8B Bitcoin Expansion Strategy
Tokyo-based investment firm Metaplanet faces brutal market backlash as shares crater following bold Bitcoin pivot announcement.
Market Carnage
Investors dumped Metaplanet stock with unprecedented ferocity—slashing its market value in half within hours. The selloff triggered circuit breakers twice during Tokyo trading sessions as panic spread through traditional finance circles.
Bitcoin Gambit
The company confirms allocating $3.8 billion toward Bitcoin acquisition and infrastructure development. This move positions Metaplanet among the most aggressive corporate adopters globally—rivalling even MicroStrategy's notorious crypto accumulation strategy.
Institutional Whiplash
Traditional analysts question the timing as Bitcoin shows volatility amid regulatory uncertainty. Banking partners reportedly expressed 'extreme concern' over the scale of reallocation from conventional assets to digital currency reserves.
Corporate crypto plays keep delivering theater—because nothing says 'stable growth' like betting the company on an asset that can swing 20% before lunch.
