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Metaplanet Goes Big on Bitcoin: Snaps Up 463 BTC in August Amid Surging Corporate Demand
Metaplanet Goes Big on Bitcoin: Snaps Up 463 BTC in August Amid Surging Corporate Demand
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Another corporate whale takes the Bitcoin plunge—and this one’s got appetite.
The Grab:
Metaplanet just dropped a cool $20M+ (at current prices) on 463 Bitcoin this month, doubling down on its crypto treasury strategy. No half-measures here—just straight-up conviction buying while traditional finance still debates 'store of value' narratives.
Why It Matters:
Public companies adding BTC to balance sheets isn’t new, but the pace is telling. With MicroStrategy’s 14,000 BTC Q2 buy still fresh, Metaplanet’s move signals a snowball effect. Guess those 'volatility' warnings from bank analysts didn’t age well.
The Punchline:
Meanwhile, legacy institutions keep 'evaluating blockchain use cases' over $100 coffees. Your move, Wall Street.
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