Metaplanet Doubles Down: Snaps Up 1,234 More Bitcoin in Bold Accumulation Play

Another whale enters the feeding frenzy.

Tokyo-listed Metaplanet just dropped ¥10 billion on 1,234 additional BTC—doubling its position while traditional investors still debate 'digital gold.' The move comes as Bitcoin claws back from June's 15% dip, now trading 42% below its 2025 ATH.

Corporate balance sheets loading up on BTC? Groundbreaking.

The investment firm's latest buy mirrors MicroStrategy's playbook, leveraging Japan's negative-rate environment to borrow cheap and hoard harder assets. 'Diversification' they call it—while parking 87% of treasury reserves in a single volatile asset.

Street analysts note the purchase was executed at $58,214/BTC, a 12% premium to today's spot price. Either they know something about the impending halving rally, or this is the most expensive HODL ever.

Meanwhile in traditional finance: pension funds still allocating 0.0001% to crypto while complaining about yield starvation.