Sharing this news: Japanese firm Metaplanet has officially jumped into the big leagues after buying another $623M worth of Bitcoin.
Their stash is now around 30,823 BTC, which puts them at #4 in the world for corporate Bitcoin holdings.
I’ll attach the picture of the ranking so you can see it clearly.
Of course, MicroStrategy is still way ahead with more than 640, 031BTC, so they’re untouchable for now. But what’s interesting is how Metaplanet is catching up fast.
This looks bullish because:
More supply is being locked up by corporations.
It shows Bitcoin isn’t just “an experiment,” but a real treasury strategy for companies outside the U.S. too.
Their target is crazy: they want to reach 210,000 BTC by 2027 (around 1% of all Bitcoin that will ever exist).
Some will say it’s risky since their average buy price is already high, but in the bigger picture, the fact that a Japanese company pivoted into Bitcoin and climbed the corporate rankings this fast is a sign of how serious institutional accumulation is becoming.
Would you call this bullish news, or has corporate Bitcoin buying become too common to get excited about?
Their stash is now around 30,823 BTC, which puts them at #4 in the world for corporate Bitcoin holdings.
I’ll attach the picture of the ranking so you can see it clearly.
Of course, MicroStrategy is still way ahead with more than 640, 031BTC, so they’re untouchable for now. But what’s interesting is how Metaplanet is catching up fast.
This looks bullish because:
More supply is being locked up by corporations.
It shows Bitcoin isn’t just “an experiment,” but a real treasury strategy for companies outside the U.S. too.
Their target is crazy: they want to reach 210,000 BTC by 2027 (around 1% of all Bitcoin that will ever exist).
Some will say it’s risky since their average buy price is already high, but in the bigger picture, the fact that a Japanese company pivoted into Bitcoin and climbed the corporate rankings this fast is a sign of how serious institutional accumulation is becoming.
Would you call this bullish news, or has corporate Bitcoin buying become too common to get excited about?
Wow this is adoption before our eyes. It still baffles me every time I see Saylor like every day it seems thst Strategy buys millions and millions of dollars worth of bitcoin and just has more and more coming!! Now other companies are starting to follow his lead and become bitcoin treasuries