Only one Bitcoin treasury is handling the brutal market shift that left Strategy investors totally exposed
New data shows one Japanese operator is thriving while the rest of the sector is trapped in "repair mode" valuation.

Read Metaplanet news, including Bitcoin treasury strategy, corporate adoption moves, market performance, and company announcements.
Bitcoin-backed buybacks don't de-risk a treasury stock, they turn it into a levered, flow-driven bet on Bitcoin and premium cycles that can supercharge rallies and magnify the fade.
Metaplanet president Simon Gerovich compares his company to Amazon, whose value many people missed in its early days as well: "If you don’t yet see it, that’s understandable—most didn’t see Amazon either.”
Metaplanet's strategic BTC expansion leads to 115.7% revenue increase in Q3.
Through its new ventures, Metaplanet said it wants to become the second-largest corporate holder of Bitcoin globally.
Institutions now hold 12.3% of all Bitcoin in existence and it's a trend that will likely continue as Bitcoin supply rotates from early holders to institutional buyers.
Metaplanet plans to allocate 1$1.25 billion for Bitcoin purchases and $138.7 million for its Bitcoin income generation business.