In a bold move that highlights its long-term conviction, Metaplanet has invested another $15.2 million in Bitcoin despite facing headwinds in its own stock performance. The purchase brings the company’s total bitcoin treasury to 20,136 BTC, valued at over $2 billion.
The announcement comes as Metaplanet’s shares have fallen 30% in the past month, though they remain significantly up for the year.
This divergence suggests a strategic focus on Bitcoin as a core treasury reserve asset, separate from its day-to-day equity market performance, as it climbs the rankings of the world’s top corporate bitcoin holders.
