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- Metaplanet wants 1%
Metaplanet wants 1%
of all Bitcoin 😳 ...........Too much to ask for?
Welcome to Crypto Wire — clear, concise, and crypto-smart.
What we’ll cover today:
🪙 Metaplanet’s $93M Bitcoin shopping spree
⌚ Taiwan’s first Bitcoin treasury company
⛽ Ethereum ETFs cool after $3.7B inflow streak
Metaplanet, a Japanese company led by CEO Simon Gerovich, just went shopping for Bitcoin again. And wow, they bought BIG.
🚨Breaking News:
Metaplanet grabbed 775 more BTC for $93M, now holding 18,888 BTC worth nearly $2B. Their target? 210,000 BTC by 2027.
⚡Wire Simplified
Bought 775 BTC at ~$120k each.
Total stash: 18,888 BTC worth $1.94B.
Goal: 30,000 BTC by year-end, 100,000 by 2026.
Filed plans to raise $3.8B for more buys.
Wants to own 1% of all Bitcoin one day.
✔️Straight to the Point:
Metaplanet is not just buying dips, they are buying everything. If Bitcoin was pizza, they are aiming to eat the whole pie.
🎤 Should companies hoard this much Bitcoin? |
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Top Win, a luxury watch seller turned Bitcoin fan, just raised $10M to buy BTC. Taiwan’s first Bitcoin treasury!
🚨Breaking News:
Top Win raised $10M and became Taiwan’s first listed Bitcoin treasury company. They will use it all to stack BTC.
⚡Wire Simplified
Raised $10M for Bitcoin buys.
First public Bitcoin treasury company in Taiwan.
Backed by WiseLink + private investors.
Joins 167 public companies holding BTC.
Michael Saylor still king with 628k BTC.
✔️Straight to the Point:
From selling watches to stacking sats, Top Win is proving Bitcoin is the new bling. Taiwan finally joins the BTC club.
🎤 Do you think every country will soon have a Bitcoin treasury company? |
Ethereum (ETH), the second-biggest crypto, just saw investors slow down after a wild inflow streak into ETFs.
🚨Breaking News:
U.S. spot ETH ETFs saw $59M in outflows after an 8-day $3.7B inflow rush. ETH cooled from $4,788 to $4,450.
⚡Wire Simplified
$59M flowed out of ETH ETFs on Aug 15.
BlackRock’s ETHA still brought in $338M.
Grayscale and Fidelity saw huge withdrawals.
ETH price pulled back from near ATH $4,891.
One old ETH investor just cashed a 14,629x gain.
✔️Straight to the Point:
Ethereum’s party is not over, just a quick water break. Institutions may be taking profits, but ETH hype remains strong.
What do you think about today’s edition? |
Disclaimer:
This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.
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