BitcoinHouse MY on Nostr: Japan's largest Bitcoin treasury company is now trading *below* the value of the ...
Japan's largest Bitcoin treasury company is now trading *below* the value of the Bitcoin it holds. Metaplanet bought 40,177 BTC at an average price of ~$104,000 today BTC sits at $61,600. Their stock? Down 87% from peak.
This is the corporate treasury playbook laid bare: someone else holds the keys, makes the buy decisions, and you inherit their unrealized losses through a stock ticker. Meanwhile, self-custody costs you nothing but responsibility.
You can't "buyback" your way out of not controlling your own Bitcoin.
https://protos.com/metaplanet-pitches-stock-buybacks-after-96-mnav-decline/#SelfCustody
Published at
2026-06-12 20:00:00 CESTEvent JSON
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"content": "Japan's largest Bitcoin treasury company is now trading *below* the value of the Bitcoin it holds. Metaplanet bought 40,177 BTC at an average price of ~$104,000 today BTC sits at $61,600. Their stock? Down 87% from peak.\n\nThis is the corporate treasury playbook laid bare: someone else holds the keys, makes the buy decisions, and you inherit their unrealized losses through a stock ticker. Meanwhile, self-custody costs you nothing but responsibility.\n\nYou can't \"buyback\" your way out of not controlling your own Bitcoin.\n\nhttps://protos.com/metaplanet-pitches-stock-buybacks-after-96-mnav-decline/\n\n#SelfCustody",
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