CryptoSlate
Japanese “Bitcoin-first” firm Metaplanet just lifted its treasury to 7,800 BTC (≈$842 million) after a $50 million purchase. It has now overtaken El Salvador as Asia’s largest corporate holder. On X, Metaplanet investor TakaAnikuni applied a power-law fit that links a company’s BTC-denominated Net Asset Value (BTC NAV) to its equity market cap: mNAV ≈ e[(0.89 […]
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Bitcoin Power-Law model points to 40% gain in Metaplanet stock – Here’s why
Japanese “Bitcoin-first” firm Metaplanet just lifted its treasury to 7,800 BTC (≈$842 million) after a $50 million purchase. It has now overtaken El Salvador as Asia’s largest corporate holder. On X, Metaplanet investor TakaAnikuni applied a power-law fit that links a company’s BTC-denominated Net Asset Value (BTC NAV) to its equity market cap: mNAV ≈ e[(0.89