Metaplanet plans to allocate 85% to 90% of its total assets to Bitcoin, with the remaining 10% to 15% directed towards mergers, acquisitions, income-generating assets, and asset management. The company aims to keep borrowing related to its Bitcoin holdings at about 10% or less of the net asset value of its Bitcoin. It also introduced a Net Interest Income Strategy to invest in assets expected to yield returns above financing costs, using borrowing, preferred shares, and BitBonds as funding sources. As of September 30, Metaplanet held 44,000 BTC.
Metaplanet's plan to allocate about 85% to 90% of its assets to Bitcoin provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 05, 2026 16:51 WIB: out of 50 priced major cryptocurrencies, 29 rose and 19 fell today. Notable movers include COTI at Rp255 with a 1-day change of +2.71%, ZIL at Rp64 with +2.61%, and ETC at Rp161,693 with +2.23%.
Cardano (ADA) surged 11% in 24 hours, trading between $0.24 and $0.27, driven by a short squeeze as open interest dropped 11.68%. The token now faces immediate resistance at $0.28 and strong resistance at $0.29, with technical indicators showing over...
XRP is approaching a critical resistance level at $1.53, with analyst Ali Martinez noting that a four-hour close above this price could confirm a move toward $1.62, representing about 7% upside. Despite previous attempts to break above $1.50, XRP has...
Bitcoin has risen nearly 47% from its July low of $57,800 to around $86,000, yet Binance Research warns the current cycle bottom remains unconfirmed based on historical patterns. Their study found that rebounds of this size often fail if they occur b...
Alliance Resource Partners (ARLP) is rated Buy with a 12-month target price of $28-29, implying about a 25% total return including a 9.8% yield. The company has fully contracted coal sales for 2026 and most of 2027 priced, ensuring strong cash flow v...
Dogecoin (DOGE) traded near $0.0955 on October 5, recovering from early September lows but still below the $0.10 mark. Bitwise plans to liquidate its DOGE holdings by October 14, potentially adding supply to the market, though its fund size is small ...
