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Metaplanet has just raised $50 million to significantly expand its Bitcoin holdings.
That's quite impressive when you consider how bullish some companies are on BTC.
Olivier Schwab and his team seem to be really pushing forward with Bitcoin accumulation.
The strategy behind it is clear: while many companies are still hesitating, Metaplanet is going all-in.
With this funding round, they can further strengthen their position in the Bitcoin market.
This also shows that institutional investors are increasingly viewing Bitcoin as a long-term store of value.
I find it interesting how many companies are now adding Bitcoin to their balance sheets.
Will this become the new standard?