Sentiment Trading

Metaplanet, a Tokyo-based crypto treasury firm, has seen its enterprise value fall below the value of its Bitcoin holdings for the first time, sparking concerns about the long-term viability of its ‘Bitcoin-first’ model.

Metaplanet, a Tokyo-listed investment firm, has acquired 775 Bitcoin, valued at $93 million, as part of its strategy to build a substantial Bitcoin reserve and own 1% of all Bitcoin by 2027.

Global companies, including Japan’s Metaplanet, have raised nearly $86 billion to purchase cryptocurrencies, marking a significant shift in corporate finance and potentially increasing the legitimacy and acceptance of digital assets.

Metaplanet, a cryptocurrency company, is gaining momentum in the crypto-finance world with a 46% price target increase, strategic expansions, and innovative financial products.

Metaplanet, a Japanese cryptocurrency giant, has surged into the top five Bitcoin holders after acquiring an additional 1,005 BTC, solidifying its position as a dominant force in the cryptocurrency market.