Metaplanet Seizes the Dip: Snaps Up 1,111 Bitcoin to Amass $1.1B BTC Treasury
Another day, another corporate whale gorging on Bitcoin while retail watches from the sidelines.
Metaplanet just dropped a cool $1.1 billion on 1,111 BTC—proving once again that institutions play by different rules when the market trembles. The Tokyo-based firm turned this week's price slump into a shopping spree, doubling down on its crypto bet while traditional investors were still checking their spreadsheets.
Timing the bottom? More like writing the playbook. While Wall Street debates 'digital gold,' Metaplanet's vault just got heavier. And for those keeping score? That's 1,111 reasons why corporations now drive crypto's boom-bust cycles.
Bonus jab: Meanwhile, your 401(k) still holds 3% in 'innovative' bond ETFs. Progress.