Metaplanet, the Japanese investment firm that recently pivoted its treasury strategy to focus on Bitcoin accumulation, has reaffirmed its commitment to the digital asset despite a notable dip in market sentiment and price volatility. Following the firm’s initial announcement regarding its adoption of Bitcoin as its primary treasury reserve asset, the stock has often moved in tandem with BTC price action, drawing comparisons to MicroStrategy’s successful strategy. Current market conditions show cooling demand for risk assets, coupled with outflows from Bitcoin ETFs and general price consolidation. However, leadership at Metaplanet insists that short-term price fluctuations do not impact their long-term institutional thesis. The company confirmed that its strategy remains focused on continuous, strategic acquisition of Bitcoin, viewing the asset as a crucial hedge against fiat currency devaluation and an essential component of forward-looking corporate finance. This steadfast approach signals deep conviction in Bitcoin’s foundational technology and its future status as the global non-sovereign reserve asset, positioning Metaplanet to benefit from eventual institutional acceptance and macro economic shifts.
Source: Metaplanet vows to keep buying Bitcoin as sentiment craters
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