Metaplanet’s Bitcoin Splurge: 330 BTC and Counting—Is This the New Tokyo Trend? 🤔💸

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An Update, With a Wink and a Nod:

  • Metaplanet, clearly not one to dally, snapped up 330 bitcoins—roughly $28 million’s worth—just as that cheeky digital coin breezed past $87,300. The sort of thing that makes one’s monocle fog up with envy.
  • Third purchase this month, old sport! With a hoard now totalling 4,855 BTC, Metaplanet has shuffled briskly into the top ten public Bitcoin holders—a veritable Big Ten of the crypto realm.
  • Despite the usual financial fandango and jitters in the marketplace, Bitcoin has been doing a fair bit better than your average U.S. equity. Metaplanet’s stock waltzed up by nearly 0.9% on the Tokyo Stock Exchange. Hats off to them!

So it came to pass on Monday, as Bitcoin slyly slid past $87,300, that Metaplanet made a fresh purchase of 330 BTC. This bold move reversed last week’s rather gloomy ledger. Clever chaps.

After this splendid acquisition, their total stash now stands at a cool 4,855 bitcoins, valued at a staggering $420 million if one’s arithmetic is up to snuff. Quite the piggy bank for a Japanese firm.

And make no mistake — this is the third time in a single month they’ve thrown wads of yen into the crypto pot, all while the broader market seems to be doing the hokey pokey around tariff worries and gloom.

Now, Metaplanet isn’t the only one hankering after these shiny digital tokens. Take ANAP Holdings, a fashion outfit that decided to dip its toes and haul in approximately 16.6591 BTC last week, something like $1.4 million in American dollars. Subsidiary ANAP Lightning Capital will be the custodians of this digital swag.

Their plan? Quarterly roll calls of their BTC treasures, dutifully noting gains and losses in those tasty profit and loss statements. Analytics at their finest, no doubt.

Reportedly, their Bitcoin yield for this quarter is sitting pretty at 12.1%, after a whooping 95% in the previous one. Apparently, this “BTC Yield” is a bespoke metric that tickles their fancy—it measures bitcoin’s growth per fully diluted share, which sounds like something Jeeves would explain if one were lucky.

Meanwhile, back in the States, where tariff talk sends shivers up Wall Street’s spine, Bitcoin has proven somewhat more resilient. U.S. equities lost a jaw-dropping $5.4 trillion in two days—yes, trillion, with a “T”—after President Trump’s tariff revelation, causing the Nasdaq to take an 11% nosedive. Bitcoin only suffered a comparatively dainty 6% dip—a true testament to its digital fortitude.

As for Metaplanet’s stock on the Tokyo Exchange? It’s up just shy of 0.9% since opening, presumably with shareholders smiling through their morning tea. Jolly good show, one might say. 🍵

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2025-04-21 09:39