Metaplanet Doubles Down: Snaps Up 1,234 More Bitcoin, Amassing 12,345 BTC in Bold Bet Against Fiat
Tokyo-listed Metaplanet just dropped another grenade in the fiat currency wars—bulking up its bitcoin reserves by 1,234 BTC this week. The move rockets their total holdings to 12,345 BTC, worth roughly $750 million at current prices.
Why it matters: While traditional finance clings to 0.5% yield savings accounts, forward-thinking firms are building war chests in hard money. Metaplanet’s latest buy signals deepening conviction in bitcoin as a corporate treasury asset—even as bank analysts call it 'a speculative gamble.'
The cynical take: Wall Street still can’t decide whether to mock bitcoin or secretly FOMO into it. Meanwhile, companies actually using it as a balance sheet asset keep quietly stacking. Guess who’ll be laughing when the next liquidity crisis hits?
