Adam Back Reveals Investment in Metaplanet, a Japan-Based Bitcoin Strategy Company

Adam Back, a prominent figure in the cryptocurrency space, has disclosed his investment in Metaplanet (TYO:3350), a Japanese company employing a MicroStrategy-like ($MSTR) Bitcoin accumulation strategy.

Key aspects of Metaplanet's approach include:

1. Holding a significant Bitcoin treasury
2. Maintaining a market capitalization to Bitcoin treasury ratio of 5-7x
3. Implementing an "at-the-market" (ATM) selling strategy
4. Offering out-of-the-money (OOM) options for yield generation

Back shared a graph illustrating the company's Bitcoin growth over six months, highlighting the potential of this investment strategy.

##bitcoin #crypticjoker #salmankhanwazir $BTC #Crypto2025Trends

$BTC VIP Analysis
JUNE 26, 2024
-
BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
--
As expected, the price action of BTC the daily timeframe successfully bounced back from its horizontal support level. 📈

The impulsive downward movement in $BTC 's price made a recovery anticipated. 🔄 The price action also played out the SHORT MAIN INTEREST level, dropping down to approximately $58,500. 📉
-
MAIN INTEREST LEVELS

⬇️SHORT⬇️
$64,048

⬆️LONG⬆️
$61,151

PREDICTED DAILY RANGE
$67,652 to $61,125
--
VIP ACTION PLAN

On the H1 timeframe, the price action of $BTC is consolidating above its support level, forming an Inverse Head and Shoulders pattern and breaking out the neckline. 📊

Currently, $BTC is respecting its support level, marked between $61,729 to $61,554. This consolidation above the support level can indicate a potential bullish movement on STL. 📈
-

Salman Khan Wazir®

#BinanceTournament #btc #bitcoin #btcanalysis #salmankhanwazir

👁 MARKET UPDATE: Binance (4H)

1) Open Interest

2) Top Trader Long/Short Ratio (Accounts)

3)Top Trader Long/Short Ratio (Positions)

4)Long/Short Ratio

5)Taker Buy/Sell Volume

➖➖➖➖➖➖➖
- Salman Khan Wazir®
➖➖➖➖➖

#binance #marketanalysis. ##salmankhanwazir

$LISTA $ZRO

🇺🇸 PAIR 🔘 $NOT /USDT
Exchanges: Binance

📈 LONG
Cross (25X)

✔️ Entry Targets:
0.015935

☑️ Take Profits:
1) 0.01609
2) 0.01625
3) 0.01641
4) 0.01657
5) 0.01673
6) 0.01689
➖➖➖➖➖➖

✖️ Invalidation Price:
0.01434

Salman Khan Wazir©

#not #salmankhanwazir
@Cryptic Joker

$FET /USDT (Binance, ByBit)
Direction: ⬆️LONG
--
Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SWING
--
ENTRY : 0.8980 - 1.0850
(OTE: 0.9909)

🔘Target 1 - 1.0980
🔘Target 2 - 1.1100
🔘Target 3 - 1.1200
🔘Target 4 - 1.1300
🔘Target 5 - 1.1500
🔘Target 6 - 1.1800
🔘Target 7 - 1.2000
🔘Target 8 - 1.2500
🔘Target 9 - 1.3000
🔘Target 10 - 1.4000

🚫STOP LOSS: 0.7913

RISK: Medium/High
--
Yours truly,
@Cryptic Joker

#FET❤️ #future #binance #salmankhanwazir

#BTC /USDT ANALYSIS

Bitcoin is consolidating within a symmetrical triangle pattern, trading just below the Ichimoku Cloud, which is serving as a resistance zone. Additionally, the 200-day moving average  is positioned above the pattern, adding further resistance.

A decisive breakout or breakdown from the triangle is necessary to confirm Bitcoin's next major move. Patience is key until a clear direction is established.

$BTC #crypto #binance #btc #salmankhanwazir @Cryptic Joker

TRB/USDT LONG ✳️
Leverage 10x
Entries 94.75
Target 1 97.6
Target 2 100.4
Target 3 104.3
Target 4 109
Target 5 115

Sl 89

$TRB #teller #BinanceSquareFamily #salmankhanwazir

Pair: $MASK /USDT (Binance, ByBit)

Direction: ⬆️LONG
--
Position Size: 2 - 4%

Leverage : 3 -5X

Trade Type: SWING

--
ENTRY : 2.2 - 2.56
(OTE: 2.4)

🔘Target 1 - 2.58
🔘Target 2 - 2.60
🔘Target 3 - 2.62
🔘Target 4 - 2.75
🔘Target 5 - 2.95
🔘Target 6 - 3.4
🔘Target 7 - 4.5
🔘Target 8 - 5.5
🔘Target 9 - 6.6

🚫STOP LOSS: 2

RISK: Medium/High
--

#mask #BinanceTournament #Megadrop #MicroStrategy #salmankhanwazir
@Cryptic Joker

#⚡️ GO BIG OR GO HOME ⚡️

You want it? You got it!

Hamster team announced that Binance, the biggest crypto exchange in the world, will list the $HMSTR token! 🚀

More details to come.. 🐹

#crypto #binance #HamsterKombat #btc #salmankhanwazir @Cryptic Joker

CAKE/USDT LONG ✳️
Leverage 10x
Entries 2.10
Target 1 2.16
Target 2 2.22
Target 3 2.31
Target 4 2.41
Target 5 2.55

Sl 1.96

$CAKE #cake #futuretrading #CryptoTradingGuide #salmankhanwazir