Metaplanet Acquires 2,823 Bitcoin Despite Market Slowdown
The Japanese firm's 43,000-BTC stack now sits well below its cost basis, and it has leaned on debt over equity to keep buying.
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The Japanese firm's 43,000-BTC stack now sits well below its cost basis, and it has leaned on debt over equity to keep buying.
The Nasdaq-listed Korean media company once lined up $1 billion in financing to buy 10,000 bitcoin. A recent filing confirms its balance is now zero as it pivots to AI infrastructure and fights to stay listed.
The post Bitcoin Sell-Side Risk Ratio Returns to Historic Buy Zone appeared first on Coinpedia Fintech News The market loves panic near bottoms and confidence near tops. The latest Bitcoin Sell-Side Risk Ratio reading seems determined to remind traders of that uncomfortable truth once again. The adj
Strategy's total holdings remain at 847,363 BTC and account for more than 4% of the 21 million bitcoin supply cap — worth around $51 billion.
A Monday filing would mark Strategy's fourth straight week of buying, after a 520 BTC purchase on June 22 that was its smallest recent tranche.
The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.
The tightening correlation undermines STRC's appeal as a relatively steadier income vehicle.
Bitcoin Magazine Strategy (MSTR) Stock Craters 10%, Hits Two-Year Low as Bitcoin Crashes Below $60K, CryptoQuant Warns Company to Stop Buying Strategy (MSTR) plunged more than 10% to a two-year low near $92 as Bitcoin crashed below $60,000, wiping out billions in unrealized gains. This post Strategy