tldr; Metaplanet Inc., a Tokyo-listed firm, has acquired an additional 108.999 Bitcoin for $6.5 million, bringing its total holdings to 748.502 BTC. This move is part of a sophisticated strategy involving selling put options to generate yield. The company has invested $46.8 million in Bitcoin this month, positioning itself as a major player in Asia alongside Nexon and Meitu. Metaplanet’s approach mirrors that of MicroStrategy, emphasizing Bitcoin as a core asset for its treasury, and capitalizes on the strong Japanese yen.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
kirtash93 on
Metaplanet copy trading microstrategy’s strategy. They won’t regret it.
hiorea on
How to start a successful company in 2024
1. Start and name the company (first letter should be M)
2. Find microstrategy’s wallet
3. Put the notifications on
4. Copy it
5. Enjoy the profit
ourcryptotalk on
Does it have to be news every time they do it now? The first couple of times was fine. Now we get it – yes, they are smart.
4 Comments
tldr; Metaplanet Inc., a Tokyo-listed firm, has acquired an additional 108.999 Bitcoin for $6.5 million, bringing its total holdings to 748.502 BTC. This move is part of a sophisticated strategy involving selling put options to generate yield. The company has invested $46.8 million in Bitcoin this month, positioning itself as a major player in Asia alongside Nexon and Meitu. Metaplanet’s approach mirrors that of MicroStrategy, emphasizing Bitcoin as a core asset for its treasury, and capitalizes on the strong Japanese yen.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Metaplanet copy trading microstrategy’s strategy. They won’t regret it.
How to start a successful company in 2024
1. Start and name the company (first letter should be M)
2. Find microstrategy’s wallet
3. Put the notifications on
4. Copy it
5. Enjoy the profit
Does it have to be news every time they do it now? The first couple of times was fine. Now we get it – yes, they are smart.