Metaplanet Stock Implodes 9% Despite 2 Billion JPY Bitcoin Frenzy!

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🚨💸 Metaplanet Stock Implodes 9% Despite 2 Billion JPY Bitcoin Frenzy! 🚨💸

Metaplanet Stock Implodes 9% Despite 2 Billion JPY Bitcoin Frenzy!

Oh, the humanity! Metaplanet’s stock price has plummeted to new depths, slipping under 400 JPY levels, despite the firm’s valiant attempt to buy 2 billion JPY worth of Bitcoin. It’s like trying to hold back a tsunami with a broken umbrella. The Japanese stock market, meanwhile, has tanked 4% in early trading hours, no doubt due to the impending “Liberation Day” on April 2, which promises to unleash a wave of tariffs upon the world. 🤯

Metaplanet Issues 2 Billion JPY In Zero-Interest Bonds for Bitcoin Purchase

As the firm’s officials announced the issuance of its 10th Series of Ordinary Bonds worth 2 Billion JPY to the EVO FUND, one couldn’t help but think of the great Russian phrase: “Da, da, da, da, da…” – yes, yes, yes, yes, yes, they’re going to buy more Bitcoin! The zero-interest bonds, each with a face value of ¥50 million, are scheduled for redemption on September 30, 2025. Simon Gerovich, Representative Director of Metaplanet, oversaw the bond issuance, and in a message on the X platform, he wrote: “Buying the dip!” Ah, the eternal optimism of the human spirit! 🤪

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In less than a year of adding Bitcoin to its balance sheet, the Japanese firm has already accumulated 3,350 BTC at an average purchase price of $83,000 per BTC. To execute its BTC purchase plan moving ahead, the firm has also tapped Eric Trump to join its board of advisers. Because, why not? It’s not like the man has anything better to do. 🤣

Trump Liberation Day Pushes Japanese Stock Market Down 4%

As the world prepares for the Trump “Liberation Day” set to kick in on April 2nd, Japan’s stock market has dropped more than 4% in the early trading hours on Monday. Bitcoin price sees continued selling pressure, slipping under $81,500 as markets brace for greater macro uncertainty this week. This overall development has led to further selling pressure on the Metaplanet stock in recent days. It’s like trying to hold back a tidal wave with a broken net. 🌊

Global market is bracing for major turbulence ahead as risk-ON assets face strong selling pressure as Trump’s reciprocal tariffs kick in. President Trump has declared Wednesday as “Liberation Day,” marking the start of a wave of new tariffs. The U.S. is set to impose 20%+ tariffs on imports from over 25 countries, targeting goods valued at more than $1.5 trillion by the end of April. Amid this massive uncertainty, the Gold price is eying a solid $3,100 levels. Ah, the eternal allure of gold! 💃

Policy Uncertainty Surges to Historic Highs

The Economic Policy Uncertainty Index has soared to unprecedented levels, surpassing nearly every major crisis in modern U.S. history. Current uncertainty levels are approximately 80% higher than those recorded during the 2008 financial crisis. It’s like trying to navigate a minefield blindfolded! 🤯

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This surge in policy-related uncertainty is contributing to wider market swings, with analysts predicting an exceptionally volatile trading week ahead. Investors remain on edge as they navigate heightened instability across financial markets. It’s like trying to find a calm spot in a hurricane! 🌪️

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2025-03-31 09:06