Metaplanet Goes All-In: Snaps Up 797 Bitcoin as BTC Shatters $121K Barrier
Bitcoin's bull run just got a corporate stamp of approval.
Metaplanet—the Tokyo-listed investment firm—doubled down on its crypto bet today, adding a staggering 797 BTC to its treasury as Bitcoin punched through $121,000 for the first time. The move comes as institutional FOMO reaches fever pitch.
Why it matters: When publicly traded companies start hoarding digital gold like dragons, you know we're in a new era of finance—or maybe just another speculative bubble waiting for the 'prudent' Wall Street suits to finally 'discover' blockchain.
Between the lines: This isn't just hodling—it's a strategic power play. With every BTC bought above six figures, Metaplanet essentially flips the bird to traditional asset managers still yapping about 'volatility.'
The kicker: Watch how fast the same bankers who mocked crypto now scramble to launch their own Bitcoin ETFs. Some things never change—except the price, apparently.