Just caught that Metaplanet exercised their 27th batch of warrants yesterday—basically their ongoing move to keep stacking BTC. These guys acquired 5,075 BTC in Q1 alone (spent around $398M on that), which brought their total holdings to 40,177 BTC. Pretty wild that Metaplanet actually flipped Marathon Digital to become the third-largest BTC holder among publicly traded companies. The real kicker? Metaplanet's stated goal is to hit 100,000 BTC by end of 2026. That's only 8 months away now, so they're basically doubling down hard on their accumulation strategy. The warrant exercises seem like just another piece of their funding puzzle to keep buying more. Not sure how realistic that 100K target is at this pace, but you gotta respect the conviction. Anyone else watching how aggressively they're moving?

BTC-0.3%
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