Metaplanet Doubles Down: Snaps Up 518 Bitcoin, Amassing $1.85B Treasury of 18,113 BTC
Another corporate whale splashes into crypto waters—this time with a nine-figure bet.
Tokyo’s Metaplanet loads up on digital gold
The Japanese investment firm just added 518 BTC to its war chest, pushing its total holdings to a staggering 18,113 coins. At today’s prices? A cool $1.85 billion sitting in cold storage—enough to make even BlackRock’s ETF team raise an eyebrow.
Why this matters
While Wall Street hedgies debate ‘store of value’ theories, Metaplanet’s balance sheet now reads like a crypto maximalist’s manifesto. The move echoes MicroStrategy’s playbook—but with a twist: zero fucks given about quarterly earnings calls.
The cynical take
Nothing says ‘confidence in monetary policy’ like stockpiling decentralized assets while central banks globally fumble with inflation targets. Classy hedge.
