2025-12-08 21:38:53

Despite sitting on over $500M in paper losses from its BTC position, Metaplanet's balance sheet tells an interesting story. The company's Bitcoin stash is worth roughly 9 times what they owe — we're talking just $304M in debt against a crypto treasury that dwarfs their obligations. That's some serious cushion, even when the market's painting their holdings red.

BTC2.46%

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ImpermanentPhilosopher

· 12-08 22:08

Paper loss of 500M, but the debt is only 304M. This hand is pretty resilient.

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AirdropAutomaton

· 12-08 22:07

ngl, Metaplanet's move is really bold. They managed to withstand a paper loss of 500m, and with a debt ratio of only 1:9, who can handle that?

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BearMarketMonk

· 12-08 22:07

A paper loss of 500 million is not a real loss; having debts that are less than one-ninth of your assets is the real joke. The question is whether you can hold out until the cycle reverses. History always tends to repeat itself, but no one can guarantee they'll be the survivor.

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wrekt_but_learning

· 12-08 21:58

Paper loss of 500M? LOL, the debt is only 304M. With such a favorable ratio, they're still pretending to be poor?

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NFT_Therapy_Group