Bitcoin
Metaplanet’s Bitcoin accumulation and Japanese ESG implications
Metaplanet holds 44,000 BTC as of September 2026, utilizing yen-denominated bonds to exploit the yen-dollar spread. This aggressive treasury strategy creates tension…
Topic
MicroStrategy
Bitcoin
The mNAV ceiling and the Bitcoin debt trap
MicroStrategy faces significant financial pressure as its mNAV hit 0.99, signaling that total obligations may soon exceed Bitcoin holdings. A reported $12.4 billion net…