Metaplanet has just gone ultra long on Bitcoin - $5.4B Incoming for the King Coin 💥
👊 Yo! It's CRYPTO DOPEMAN and Japan is here breaking records like it's half new again.
💸 Metaplanet has just made history
The Tokyo-based Bitcoin maxi corp has just issued 555 million shares worth mobile strike warrants - they expect to raise a massive $5.4 billion to load onto more $BTC
And listen to this:
⏺ This is the largest issuance of stock acquisition rights in the history of Japan's capital markets
⏺ And the first issuance of stock acquisition rights ABOVE the market price
Translation? They are betting not just on the rise... they are betting parabolically. No discounts. No hesitations. Just direct conviction.
💡 Why it matters
- Metaplanet is not playing, they are trying to become the MicroStrategy of Asia.
- The mobile strike means that the strike price rises with the market price. Literally, they want to buy high and sell higher.
- This level of size + structure? That's TradFi and crypto finally shaking hands in public.
Moral of the story? The smart suits are gearing up for a long journey on the orange rocket.
📶 Stay tuned for more crypto updates!
