BBX News: Yesterday, Metaplanet and K Wave Media announced their completely opposite positions to the Bitcoin treasury strategy on the same day, constituting the most representative case of cryptocurrency concept stock differentiation at the beginning of the second half of 2026.
Core points:
——Metaplanet Inc. (Stock Code: 3350): Purchased 2823 BTC in Q2 for approximately 3.589 billion yen (approximately 223 million US dollars), with an average price of approximately 78835 US dollars; The total holdings have risen to 43000 pieces, with a total cost of approximately 4.08 billion US dollars and a historical average price of approximately 95217 US dollars; The first public disclosure of coin purchases since April; Q2 Bitcoin revenue generation business revenue decreased by about 41% year-on-year; The "555 Plan" aims to produce 100000 units by the end of the year, with approximately 43% currently completed; Acquiring and merging with Siiibo Securities to develop Bitcoin revenue generating products.
——K Wave Media (Nasdaq: $KWAV): Bitcoin holdings have been completely cleared (as of July 2 disclosure); On June 30th, submitted a registration suspension document to the SEC, intending to raise up to $250 million; Purpose of funds: AI data center and GPU computing infrastructure; Plan to rename as Talivar Technologies; Consider implementing a reverse stock split to maintain Nasdaq listing eligibility; The previously announced $1 billion coin purchase plan (with a target of 10000 BTC) will be launched by the end of 2025, but it has now been completely abandoned; Facing the risk of delisting from NASDAQ.
Source: bbx.com
