You Won’t Believe What This Japanese Company Did With Bitcoin! 🤯

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Buckle up, folks! You’re about to witness the craziest Bitcoin story this side of the Metaverse. 🤑 Metaplanet, the Japanese tech giant, has just received a massive boost from Norway’s Central Bank Fund, and let me tell you, it’s a wild ride! 🎢

Apparently, this Metaplanet CEO, Simon Gerovich, has been hanging out with the one and only Michael Saylor, the Bitcoin messiah himself. 🙏 And let me tell you, these two are cooking up some serious magic. 🪄

But wait, it gets even better! Norges Bank, the Central Bank of Norway, has invested a whopping 0.55% of Metaplanet, which is like, a cool $7 million. 💰 And get this, they’re not stopping there! Gerovich reckons they’re gonna invest even more in the near future. 🤑

And you know what they say, “Birds of a feather flock together.” Turns out, Norges Bank also owns a hefty chunk of MicroStrategy’s stock, which is like the OG Bitcoin company. 🤯 It’s like a Bitcoin love triangle, but with way more money involved. 💸

But the real kicker is Metaplanet’s plan to accumulate over 21,000 Bitcoins by the end of 2026. 🤑 That’s like, a whole lot of digital gold, folks! And they’re not messing around, they’re already got 1,762 Bitcoins in their pocket. 💼

So, if you’re not already on the Bitcoin bandwagon, you might want to hop on before it leaves the station. 🚂 Because with Metaplanet and their new Norwegian sugar daddy, the future of Bitcoin is looking brighter than ever. 🌞

Metaplanet’s Bitcoin Goal

After ending 2024 on a high note, Metaplanet has attracted significant attention from major institutional investors akin to MicroStrategy. In addition to Norges Bank, Metaplanet has also received a major investment from Capital Group, which has more than $2.7 trillion in assets under management (AUM).

Earlier this week, Metaplanet announced an ambitious plan to accumulate over 21k Bitcoins by the end of 2026. The company announced that phase 1 of the ’21 Million Plan’ will entail raising up to ¥116 billion to purchase more Bitcoins in the near future.

Currently, Metaplanet holds about 1,762 Bitcoins 🤑, which represents around 15 percent of its market cap valuation. With the long-term vision of becoming a Bitcoin bank, Metaplanet’s shareholders are well-positioned to benefit from the rising adoption of digital assets and web3 protocols.

Market Impact

As Coinspeaker explained, the continued mainstream adoption of Bitcoin by institutional investors has significantly influenced nation-states. In the United States, more than 12 states, led by Wyoming, Utah, North Dakota, Texas, Florida, and Ohio, among others, have already introduced proposals to implement a strategic Bitcoin strategy.

Furthermore, more nation-states, led by the United States, have shown the willingness to implement a strategic Bitcoin reserve to deal with their respective ballooning national debt.

Consequently, Bitcoin price will continue to rally exponentially in the near future due to the rising crisis of the supply vs demand shock. As of this writing, the net supply of Bitcoin on centralized exchanges hovered around 2.17 million, down over 76k in the past 30 days.

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2025-01-30 16:44