Well, Metaplanet literally just put $26 million onto Bitcoin. That's a statement. A bold one, at that. Are they crazy? Or are they just making bets on things the rest of us are unable to comprehend? Photography by Alexandria Pizzica. This conversation is much larger than one company’s investment. It...
And the price of Bitcoin has gone through the proverbial roof lately, sailing over that astounding $84,000 threshold. Undoubtedly, one of the most important factors propelling this rally is Metaplanet’s huge bet on the cryptocurrency. This joint initiative has not only succeeded in lifting the market sentiment but is a...
One Tokyo-listed firm, dubbed “Asia’s MicroStrategy,” has taken the plunge. Just recently, they increased their Bitcoin reserves by buying up 3.78 billion yen, or $26.3 million worth. This announcement is made even as concerns continue to rise about the potential introduction of trade tariffs in the U.S. and their destabilizing...
Metaplanet Inc., the family office of Bitmain co-founder Jihan Wu, has tripled down on Bitcoin, adding 319 BTC to its balance sheet. Metaplanet recently sold out with a ¥140,592,340 ($974,153) average purchase price per the cosmos coin. With this most recent transaction, their aggregate Bitcoin reserves have risen to 4,525...
Metaplanet, a Tokyo-listed company, is stirring the waters in China for its firm's aggressive Bitcoin accumulation strategy. Under its approach, Metaplanet is already gaining the title of “Asia’s MicroStrategy,” as it becomes a digital asset trailblazer. The firm is making obvious comparisons to MicroStrategy’s pioneering Bitcoin strategies. This joint action...
It's bold, undeniably. But is it truly brilliance, or is it just bordering on recklessness? I’m far more concerned with the freedom vs. responsibility dynamic, personally and corporately. This in turn has forced me to grapple with a really difficult question. You should be, too—that is, unless you’re a shareholder.Bitcoin:...
BlockTraderHub.com brings you the cutting edge news on Markets, Bitcoin, DeFi, NFTs & Regulation. On the show today, we break down Metaplanet’s audacious move to double down on Bitcoin in a big way. This savvy play solidifies its place as the largest player in the corporate Bitcoin world. This change...
Is Metaplanet’s bold expansion into Bitcoin a masterful move, or are they risking it all? While the headlines scream "reckless gamble," I think there's a much more nuanced, and frankly, optimistic story to be told here. Forget the day-to-day price volatility, we’re thinking long term treasury for corporate treasurers.All kidding...