Metaplanet added 775 BTC for $93 million-because why not? Now they’re sitting on 18,888 BTC ($2.2B). Classic corporate genius.
Metaplanet, the Tokyo-based firm that’s basically Bitcoin’s new best friend, just splurged $93 million for 775 BTC. At $120,006 per coin, they’re basically buying Bitcoin like it’s Groupon deals for “$120K off your future crypto regrets.” Total holdings? A tidy 18,888 BTC. That’s not a number-it’s a flex.
President Simon Gerovich, clearly channeling his inner Elon, tweeted: “18,888 BTC. Onward and upward.” Because nothing says “I’m not panicking” like a cryptic tweet at 3 a.m.
Metaplanet vs. MicroStrategy: Who’s the Bigger Bitcoin Bro?
Metaplanet’s average cost per Bitcoin is $102,653. They’ve spent $1.94 billion since April 2024-because who needs cash flow when you can just print BTC? Their 480% YTD yield? A masterpiece of financial theater.
775 BTC for $93M, 18,888 BTC total. Boom. We’re not here to explain-we’re here to accumulate. – @gerovich
MicroStrategy’s Michael Saylor would be proud… or jealous. Both firms treat Bitcoin like it’s a corporate Treasury asset. Which, technically, it is. If “treasury” means “a piggy bank with a 20% volatility tax.”
Asia’s Bitcoin Copycat Frenzy
Metaplanet’s moves have inspired regional companies to play catch-up. Taiwan’s WiseLink? $10 million in convertible notes. South Korea’s K Wave Media? Partnered with Galaxy Digital to “build reserves.” And Singapore’s Genius Group? Raised their BTC target from 1,000 to 10,000-because who doesn’t want 9x more crypto debt?
Asia’s corporate Bitcoin race is on. Buckle up-it’s like a beauty pageant, but with more volatility and fewer sequins.
Q2 Earnings: A Masterclass in Hype
A Rollercoaster You Can’t Ride
Despite the wins, Metaplanet’s stock dropped 8.6% last week. Gerovich shrugged it off: “Natural pullback.” Or as I call it, “investor anxiety after spending $2B on Bitcoin.” But hey, their recurring Bitcoin income lets them keep buying. Because nothing says “stability” like a $115K Bitcoin price.
The Road Ahead: More BTC, Less Sleep
Metaplanet’s 2025 forecast? $3.4B revenue, $2.5B operating profit. And they’ll keep buying Bitcoin because, as Gerovich said, “What gives us conviction is the foundation we’re building.” That foundation? A $2B BTC pile. Because who needs diversification when you can just bet on one asset that’s 99% a gamble?
Bitcoin’s down 2.1% in 24 hours, but Metaplanet’s unfazed. They’ve got $2B in BTC and a CEO who tweets like he’s narrating a crypto apocalypse. Onward and upward, indeed. 🚀
Read More
- Violence District Killer and Survivor Tier List
- All Data Pad Locations (Week 1) Destiny 2
- Unlock the Magic: New Arcane Blind Box Collection from POP MART and Riot Games!
- Top 8 UFC 5 Perks Every Fighter Should Use
- Unleash Devastation: Top Rupture Teams to Dominate in Limbus Company!
- Compulsion Games’ South of Midnight: A Journey Through the Deep South’s Mythology and Folklore
- One Piece Ending Leaked?! Fans Desperate To Avoid Spoilers!
- The 20 Best Real-Time Strategy (RTS) Games To Wishlist In 2025
- All Mafia The Old Country Returning Characters
- USD ILS PREDICTION
2025-08-18 17:16