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.
Bottom line: Anikuni’s framework offers a quantifiable undervaluation thesis and a handy lookup table that could resonate with both equity and crypto-native audiences as Metaplanet races toward five-digit BTC holdings.
