Metaplanet buy 1,088 Bitcoin and X launch XChat, show say company dem dey embrace crypto more and fintech dey join hand.
Metaplanet, wey be Japanese investment company, don seriously add to dia Bitcoin investment wey dem do for institution. Dem buy anoda 1,088 BTC for average price of $108,051 per coin, wey be like $117.5 million in total. Dis one don carry di company total Bitcoin wey dem get go 8,888 BTC, wey put Metaplanet among di top ten companies for di whole world wey get Bitcoin plenty. E also show say dem sabi use Bitcoin as dia reserve money and way to fight inflation. Di money wey dem take buy am come from zero-coupon bonds and warrants, and e show say more companies dey interested after MicroStrategy for US do something similar. E also mean say Bitcoin still dey gather momentum for asset diversification. At di same time, Elon Musk company, X (wey dem dey call Twitter before), don bring XChat, wey be new private message feature wey get end-to-end encryption. Dis one show say di company get big plans to build 'everything app'. Dis move fit come make dem get crypto or blockchain-based financial services for future. All dis tins wey happen together show say institutional crypto adoption dey fast, and fintech innovation dey come, wey go probably make traders focus more on BTC and platforms wey dey push blockchain integration.
Bullish
Metaplanet big big buy of Bitcoin dey show say institutions sabi am well well, and dis kain tin dey always give good sign for market feel and price wey stand gidigba. When big companies wey dey public market buy plenty like dis, e mean say dem trust Bitcoin as something wey go hold value and fit protect against inflation, wey go make other companies and investors wan put dia money too. Apart from dat, di way dem put privacy tin like XChat by X inside, e fit mean say future crypto or blockchain payment go dey on top big platforms, wey go make am popular and people go wan bet on am more. Before before, dis kain big big buy and new tech wey dem do for finance dey always make Bitcoin price go up for short and long run because e dey bring new money come and e dey confirm say di asset good.