Corporate Bitcoin Splurge: Strategy and Metaplanet Drop $870M on BTC—Because Treasuries Are Too Mainstream
Two institutional players just made a nine-figure bet on Bitcoin—proving once again that corporate balance sheets are the new degenerate traders.
Strategy and Metaplanet’s combined $870 million BTC purchase marks the latest institutional stampede into crypto’s volatile embrace. Because nothing says ’prudent asset management’ like chasing the most mercurial asset class on Earth.
While traditional finance clings to its 2% bond yields, these firms are gambling that Bitcoin’s asymmetric upside outweighs the risk of another -50% drawdown. A bold move—or sheer desperation in a zero-yield world?
One thing’s certain: When companies start treating BTC like a strategic reserve asset, either we’re witnessing financial revolution...or the greatest greater-fool theory experiment in history.
