Metaplanet’s Value Falls Below Its Bitcoin Hoard as Crypto Treasury Boom Suffers Blow

Metaplanet currently holds over 30,000 Bitcoin, worth approximately $3.4 billion. | Source: Pexels. Key Takeaways Metaplanet’s share price has fallen about 70% since June. Investor enthusiasm for “crypto treasury” stocks, companies that hold large amounts of Bitcoin, has weakened. Bitcoin giant Strategy recently temporarily paused its Bitcoin acquisitions for the first time. Metaplanet’s market value has slipped below the worth of its Bitcoin holdings as investor enthusiasm fades for the “crypto t ...