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Zag net that Metaplanet is again engaged in significant Bitcoin purchases. They have now raised 50 million dollars, so it's getting serious. Metaplanet is actually a company that is fully committed to Bitcoin, not just some dabblers.
The funny thing is that more and more companies are making moves like this. Metaplanet just does it consistently, raising money again and again and pouring it directly into BTC. I wonder if this is the future for corporate treasuries?
Metaplanet is now quite exposed to Bitcoin, so they are really betting on an increase. Interesting to see how this will unfold in the coming years. Do you think more companies will do this?