The tweet was deleted by the author.
But we saved everything 🙂.
Metaplanet, a prominent player in the cryptocurrency sector, has completed its largest Bitcoin purchase to date. This strategic acquisition has removed 5,416 potential wholecoiners from the market, reinforcing their substantial holdings.
The move is seen as part of their plan to fortify a base for issuing preference shares against Bitcoin holdings. Industry expert Adam Livingston described this development as 'GIGA BULLISH' for the cryptocurrency market, suggesting an optimistic future outlook for Bitcoin's value.
These developments align with Adam Livingston’s broader commentary on digital asset strategies, notably his analysis of Metaplanet’s decision to commit $1.4 billion to crypto investments—a move that signaled the company's early shift toward digital assets. Additionally, Livingston's discussion of Strategy’s potential eligibility for S&P 500 inclusion alongside Michael Saylor adds further context to the growing institutional interest in cryptocurrency-led approaches.