Metaplanet’s Bitcoin Bet Pays Off: Japan’s Crypto Giant Amasses 11,111 BTC in Strategic Accumulation
Tokyo's Metaplanet just doubled down on its Bitcoin gamble—adding another 1,111 BTC to its war chest. The move catapults its total holdings to a meme-worthy 11,111 BTC, proving even corporate treasuries can't resist round-number psychology.
Why it matters: While traditional finance still debates Bitcoin's merit, Metaplanet's aggressive stacking mirrors MicroStrategy's playbook—turning balance sheets into bull market rockets. The Japanese firm now holds enough BTC to make Satoshi nod approvingly from his anonymous beach.
The cynical take: Because nothing says 'financial innovation' like watching publicly traded companies turn into over-leveraged crypto whales. At least they didn't YOLO into NFTs this time.