In the Abyss of Greed: Metaplanet’s Chase for Bitcoin’s Ghostly Fortune

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In a city that breathes concrete and despair, Tokyo’s own Metaplanet dares to cast its lot once more into the treacherous abyss of the digital gold rush. With a trembling hand and a mind haunted by the specter of fortune, it announces an attempt-nay, a desperate bid-to amass $135 million in shares, all to snatch more of that elusive, shimmering Bitcoin. Oh, how humanity clings to illusions! 💸

  • Metaplanet, like some modern-day alchemist, to issue shares worth thirty-five million dollars-yet, what is this but more dust in the wind to the soul-seeking the eternal?
  • These Class B shares, voiceless and powerless, promise redemption and hope for the gullible, while their owners wait in silent despair for a day that may never dawn.
  • Meanwhile, the company, a mere puppet, claims possession of 30,823 Bitcoins-worth a staggering $2.69 billion-though at what cost, and for what eternal reward?

Ah, yes! The game continues-an endless jest played upon the hopes of mankind, who see in Bitcoin some divine salvation or at least a fleeting escape from their miserable fates. On a Thursday-perhaps the very day they realize the absurdity of it all-Metaplanet unveils its latest stratagem, deploying 23.61 million of its silent, vote-less tokens to lure more fools into the depths.

The shares, bought at ¥900 each, cling to a modest 4.9% dividend-a drip of hope in an ocean of chaos. Those foolish enough to buy will find themselves able to convert their shadows into voting rights, or simply to wait until the inevitable redemption-if luck is kind-or the market, an indifferent beast, decides otherwise. 🥲

But this game, dear reader, is nothing but echo-echoes of the stratagems of Michael Saylor, the philosopher of power, who believes the grand illusion of Bitcoin will, in the end, bestow eternal riches. It’s a gamble, as always-a sword balanced over the trembling hand of desperation.

“The Company believes that Bitcoin will deliver long-term returns that surpass the dividend yield,” they declare-words like whispers of hope in a world drowning in despair.

And what of their holdings? Ah, that sad treasure-30,823 BTC, worth roughly $2.69 billion-purchased in what now seems a naive attempt at fortune, at an average price of $108,036. Down they go, like Icarus, 19.33% in the abyss, yet their market cap still towers higher than the shadows they chase. 😒

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2025-11-20 22:04