🎉 Metaplanet's Bitcoin Bet Pays Off! 🎉
Tokyo-based Metaplanet is finally seeing profits after a 7-year dry spell, thanks to its bold Bitcoin move. The investment firm forecasts a whopping 890 million yen in revenue for 2024, a significant leap from last year's 261 million yen. How did they do it? By selling Bitcoin put options, raking in 520 million yen! 📈
But wait, there's more! Metaplanet is not just stacking Bitcoin; it's making it a full-fledged business line. With plans to use loans and bonds to buy more BTC, they're on a mission.
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