Bitcoin Treasury Bubble Cooling?

[ed]

Metaplanet’s stock has collapsed from ¥1,895 ($13) to ¥480 ($3.20) in just four months, dragging its mNAV from 22.59 (2024 peak) to below 1. Analysts call it a sign of a “popping bubble” in Bitcoin treasury stocks. Still, some bulls see a discount-buying opportunity, as the firm remains one of the largest public BTC holders globally.

[jacson4]

Signs of cooling suggest a more sustainable growth phase for corporate Bitcoin adoption.

[alex10]

The initial hype might be settling, but institutional confidence remains strong long term.