Metaplanet Go Hold 30,000 BTC, 1% Supply By 2027
Metaplanet wey dey listed for Tokyo don confirm say dem wan increase dia Bitcoin holdings from 18,113 BTC go 30,000 BTC by end of the year, wey go make dem control 1% of the total Bitcoin supply by 2027. CEO Simon Gerovich talk say the company dey fully transparent wit proof-of-reserves and open performance dashboard. Even though market don drop recently, e believe say na normal correction and e dey focus on making fundamentals strong to regain confidence. Together wit Strategy and partner firms, Metaplanet dey encourage hundreds global companies make dem use Bitcoin as core balance-sheet asset. Dis corporate treasury and Bitcoin holdings strategy fit make institutional adoption quick and boost market growth. By enforcing dia reserve proof and pushing institutional investment, Metaplanet get plan to improve long-term market resilience and push for big acceptance of digital assets.
Bullish
For short term, Metaplanet aggressive plan to dey gather Bitcoin fit support price by reduce how much supply dey available and show say big institution still dey buy. To show proof of reserves and get open performance dashboard fit also make market believe dem, e fit reduce wahala wey dey come from price waka up and down. For long term, to target 1% of total supply by 2027 show say things strong and more company dey start dey use am for their treasury. If other companies follow am, increase for institution buying fit make price continue go up and market get better liquidity.