In the shadowed alleys of Tokyo’s financial district, where the air hums with the whispers of ambition and the clink of yen, Metaplanet has struck again. With the grace of a capitalist poet, the company slithered into the Bitcoin market, snatching 780 BTC for a cool $92.5 million. At $118,622 per coin, they’ve paid more for digital ones and zeros than some people pay for actual real estate. Who needs a roof over your head when you can own a fraction of the future? 🏡➡️💻
Now, Metaplanet’s Bitcoin hoard swells to 17,132 BTC—worth roughly $2 billion, or enough to buy every coffee in Japan for a decade (assuming no one blinks). CEO Simon Gerovich, with the pride of a man who’s just outsmarted the system, boasts an average purchase price of $101,030 per coin. A small price to pay for immortality, perhaps? Or just a very expensive hobby. 🤷♂️
*Metaplanet Acquires Additional 780 $BTC, Total Holdings Reach 17,132 BTC*
— Metaplanet Inc. (@Metaplanet_JP) July 28, 2025
This grand gesture cements Metaplanet’s spot as the seventh-largest corporate Bitcoin holder, a title that sounds less like a ranking and more like a cry for help. Since April 2024, they’ve chased a dream: 210,000 BTC by 2027, or 1% of the entire Bitcoin supply. Because why settle for 1% of a problem when you can own 1% of a solution? 🚀
Their Bitcoin ballet isn’t just symbolic—it’s profitable. Q2 2025 dropped a 1.1 billion yen profit, a 42.4% leap that makes even the most jaded accountant blush. Meanwhile, Metaplanet’s stock? It’s riding the emotional rollercoaster of a love-hate relationship: +516% year-to-date, but -24.91% this month. Volatility, thy name is Wall Street. 🎢
Bitcoin itself, that digital Cheshire cat, grins at $119,330, up 0.9% in 24 hours. Metaplanet’s gamble? A masterstroke of “let’s bet the farm on code.” As corporate crypto adoption sprints ahead, one can’t help but wonder: is this the dawn of a new era… or just a very expensive tech bro fantasy? 🤔
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2025-07-28 08:37