Replying to Avatar FLASH

⚡️🇯🇵 NEW - Japan-listed Metaplanet Inc. has seen its enterprise value fall below the value of its Bitcoin reserves.

After reaching an all-time high in mid-June, the company's stock has since fallen by about 70%.

Metaplanet currently holds more than 30,000 BTC, worth approximately $3.4 billion.
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Eluc 2mo ago

It's so ridiculus. I guess it's temporary and will come back above the BTC value soon but theoritically it means the company without the BTC are negative, so they would be bankrup.

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