Joel
@joelonbitcoin
bitcoin
Volume is vitality.
Among the 1,566 small and mid-cap stocks listed on the Tokyo Stock Exchange Standard Market, Metaplanet has accounted for 29.2% of all JPY trading volume over the last 20 trading sessions.
80K in a week is impressive, no doubt. I wonder how this measures up to Biden administration’s spite selling?
Is Novogratz at least getting a bitcoin tattoo on his other arm? Isn’t that the ritual after you rug a market?
Bitcoin better go straight up to all time highs or these 29 beers are in big fucking trouble
REITs should calculate the appreciation of their real estate holdings to their P/E. Inbound comment: "Bro, real estate got hammered by rising interest rates...it would be stupid to tie asset valuation to a P/E."
Uhhh...have fun staying ridiculously wealthy.
Galaxy finishes selling the 80,000 BTC and Bitcoin is at…..$117K……… That’s insanely bullish. ‘If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.’
MSTR bro explains why common ATM is accretive at 1.8 mNAV.
Wow! It's like watching a real life, Jason Bourne 👇😂😂😂
Almost one year ago, I shared the post below. At the time, we held just 246 BTC and the stock had dropped 70% in six trading days, from ¥300 to ¥89. Today, we hold 66 times more Bitcoin. Internally, we are smarter, stronger, and more efficient than ever. We are still here,…
We are committed to building Metaplanet for the long term—after all, Rome wasn't built in a day. Our goal is to become Asia’s leading Bitcoin company. We are focused on owning as much Bitcoin as possible over time, and through exciting initiatives like Bitcoin Magazine Japan, we…
Conviction.
Just bought more Metaplanet under 1200 yen! I won’t dance, can’t swim and have an odd fear of windows down in cars 😂, but finding asymmetry in the markets is second nature for me. Don’t agree with me? No worries. I’ve got nothing to prove, but am happy to be able to tie a…
The unique ability for $MTPLF to sell cash-secured puts against 5% of its capital deployed is underrated. Based on research reports, reported income and interviews with Simon this year, a conservative guess at revenue here looks something like 0.4% to 0.5% in income against…
🚀 IT'S HERE! 🚀 For the launch of our new subseries on BTCTCs (Bitcoin Treasury Companies) @gerovich @Metaplanet_JP takes the conversation further, discussing the Japanese bond market as well as preferred equity, technicalities of replicating the ATM type structure in Japan,…
Has anyone done the math on what the bitcoin supply looks like when MSTR, MTPLF, XXI, BSTR, NAKA, SMLR, ALTBG, SQNS, etc all scale up to 100K+ bitcoin and compete for BTC yield in 2028-2029?
How yield-starved are Japanese investors? I found this Morgan Stanley piece from April. It starts to paint the picture, though, I’m sure I could dig into this for weeks. I might. morganstanley.com/insights/artic… After decades of deflation, Japanese households are slowly…
Warren Buffett on buying $MTPLF at a ~3 mNAV.
Warren Buffett: "[Ben Graham] taught me not to pay any attention to stock market fluctuations — except when they were working in my favor." "If I knew the facts on [a stock] and it went down, I bought more of it — because I looked at it as a business."
In early 1985, the USD/JPY rate was around ¥250, with the USD trading near multi-year highs. That changed with the Plaza Accord in September 1985, which aimed to weaken the U.S. dollar. It worked. By the end of 1985, USD/JPY had fallen to roughly ¥200, and by December 1987, it…