Metaplanet spent over $45M to lose $1B investing in bitcoin
Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion.
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Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion.
Read more (2 min) →Evo Fund, a Cayman entity that financed Metaplanet’s BTC buying deals in Tokyo, will also hold warrants in its US takeover target.
Investors in MetaPlanet are concerned about short-sellers and are blaming banks for an attack that probably never happened.