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"right" for who?
If a company do not accept BTC for their products/services and pay their employees in BTC, those BTC in "reserves" are just stupid.
How is that Metaplanet buying BTC is "right" for you ? How that is helping you ?
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Not even Strategy pays wages in BTC, nor El Salvador. I think that these is a next regulatory battle but also, something that bitcoin must find the path while it is still being considered more as a store of value than measure of account.
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Strategy is the worst example. Strategy is NOT a bitcoin company. Forget about that.
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Metaplanet is doing things right!
1/ In Q2,
view on x.com@Metaplanet_JP
net assets tripled — up 299% QoQ — and now it’s planning #Bitcoin-Powered Preferred Stocks to tap Japan’s yield-starved fixed income market.