Metaplanet Doubles Down on Bitcoin: Snaps Up 518 BTC in Bold Accumulation Move
Another day, another corporate Bitcoin bet—but this one’s got teeth. Metaplanet just dropped a cool $20M+ (at current prices) into 518 BTC, signaling it’s not backing down from crypto winter.
Why it matters: While traditional finance plays musical chairs with rate cuts, crypto-native firms are stacking sats like there’s no tomorrow. Metaplanet’s latest buy screams conviction—or desperation, depending who you ask.
The punchline: Institutions keep treating Bitcoin like a volatility hedge while retail gets rekt. At least someone’s having fun with the printer money.