Metaplanet has just embarked on a whimsical journey, snatching up 1,009 BTC like a child grabbing sweets from a candy store-this time, for a tidy $112 million. 🤑
Now, their crypto collection totals a staggering 20,000 BTC, which is roughly the same as a lifetime supply of chocolate frogs (if chocolate frogs were made of digital gold). 💸
$2 Billion Milestone
The Japanese investment firm revealed they bought their latest batch at an average price of $111,068 per coin. A price so high, even a greedy ogre would think twice. 🧙♂️
Metaplanet has been on a Bitcoin binge so fierce, it’s like a squirrel hoarding acorns-except the acorns are worth more than a kingdom. 🐿️
They gobbled up 463 BTC for $53.7 million, then 518 BTC for $61.4 million, and finally 1,009 BTC for $112 million. A feast so grand, even the most discerning dragon would nod in approval. 🐉
Now, they’re the sixth-largest public Bitcoin treasury in the world. A title they’ve earned by being as unpredictable as a chocolate fountain at a tea party. 🍫
Market Reaction
Despite their crypto triumph, the company’s stock is down 4.5
But don’t worry! The stock is still up 135
Meanwhile, Metaplanet’s shareholders are gathering in Tokyo for a meeting. A gathering so secretive, even the most curious of witches would need a spell to sneak in. 🕵️♂️
And here’s a twist: Eric Trump, the son of a certain former president, is attending. A man so famous, his presence is like a surprise party with no cake. 🎉
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2025-09-01 10:31