DDians, wassup? How’s it going? After a crazy war-laced fortnight (well, mostly), crypto markets have soared back up. That, in turn, has lifted our spirits, allowing us to bring you another issue full of bullish stories to revive that “hopium” you deserve.
Here’s what we have for you in this issue –
- Trump Media bagging BTC and buying back stocks
- Metaplanet’s 11,111 BTC milestone
- Consumer Confidence, Q1 GDP numbers & more
Buying Back Stocks And Also Buying Bitcoin Worth Billions
This is what Trump Media plans to do.
The Truth Social parent company announced a board-approved plan to buy back up to $400 million in shares, calling it a “vote of confidence” in the company’s vision, valuation, and future plays.
The repurchase plan will cover common stock, warrants, and possibly convertible notes via open-market and negotiated deals.
And the most interesting part?
None of this affects their $2.3 billion war chest that’s been earmarked for Bitcoin accumulation.
Source: @martypartymusic
Just weeks ago, the SEC gave Trump Media the green light to allocate BTC to its treasury using funds from over 50 institutional backers.
How does it matter where Trump Media puts its money, you may ask?
Out of all companies claiming to walk the Bitcoin path, how many have this package? Large-scale stock buybacks + Bitcoin treasury strategy + political narrative machine + fintech infrastructure.
Well, the answer is zero. Besides Trump Media, no other player on Wall Street — or in Washington — has all four.
The result? A uniquely Trumpian fusion of capital markets, crypto maximalism, and cultural warfare.
Love it or hate it, you just can’t ignore it.
Metaplanet’s Bitcoin Obsession is “Next Planet”
You must have gotten used to the name “Metaplanet” by now.
What you should also get used to is the Japanese Bitcoin treasury company’s obsessive pursuit of grabbing BTC.
The Tokyo-based investment firm has grown its BTC holdings to a perfectly symbolic and aesthetically symmetrical 11,111 BTC, while making a recent Bitcoin purchase of $1.07 billion at an average entry of $95,869 per coin.
Source: @gerovich
Metaplanet doesn’t care about what price it’s getting the coins for, it just “wants them coins”. As mentioned in the previous issues, it’s in the race to grab 1% of the entire Bitcoin supply by 2027 (210,000 BTC).
And, this Bitcoin dominance strategy (not to be mistaken with just-buying-BTC-and-putting-it-on-the-company-balance-sheet-strategy) is paying well.
Its 306.7% YTD yield on existing Bitcoin holdings is outperforming nearly every traditional asset on the planet.
Source: @GIPHY
Metaplanet’s intentional accumulation at round-number milestones — 1,000, 5,000, 10,000, now 11,111 — reflects not just a treasury strategy, but a Bitcoin-native narrative game.
And Metaplanet isn’t alone.
Corporate Treasury Hedge is The New Bitcoin Use Case
Just this week:
- ECD Automotive Design secured $500 million to buy Bitcoin (for treasury purposes).
- Cardone Capital added 1,000 BTC to their stack, with plans to purchase 3,000 more.
- The Blockchain Group (Europe’s first BTC treasury firm) bought 75 BTC, with the total now standing at 1,728 BTC.
- ProCap Financial launched via a $1B SPAC merger, pledging $750 million towards a Bitcoin-first financial services firm.
Source: @APompliano
- MicroStrategy (Saylor’s empire) added 245 BTC, now holding 592,345 BTC acquired for ~$41.87 billion.
Source: @saylor
All of this while Bitcoinspot ETFs saw over $1 billion in net inflows last week.
This isn’t a bull market sideshow anymore. It’s a full-blown institutional arms race, and Metaplanet is racing to 100,000 BTC by end-2026.
A Macro And Crypto Ending For Q2
June is about to end, and with it, the first half of the year. Nonetheless, markets are on, and with them, the narratives that shape market opinions.
1. Macro Watch: The Week Wall Street Will Be Glued to Headlines, So Should You
- Consumer Confidence (Tuesday): US CB Consumer Confidence weakened, dipping to 93 from 98.4 in May. The U.S. shopper is not smiling.
- Powell Capitol Hill Testimony (Wednesday): Fed Chair Jerome Powell has been pouring cold water on rate cut expectations for quite some time now. This time, too, was no different. “We are well-positioned to wait”, he told the panel.
- Q1 GDP Numbers (Thursday): Recession? Growth? This is the tape we’ll be playing in slow motion.
- PCE Inflation Numbers (Friday): The Fed’s favorite inflation metric drops. Will you shell out more for your breakfast cereal? We’ll find out here.
Oh, and that U.S.-Iran conflict? Still simmering in the background, just waiting to front-run all of this.
Overall, if we have to summarize this issue before taking our leave, we’ll say that there is tension, but there is also enough hope. Hope is driving corporations to be aggressive in their bitcoin shopping, while tensions are keeping markets buoyant enough before the euphoria mode turns on again with fireworks.
So be hopeful, and watch what the big boys are doing, how they are moving, and where they are putting their money.
That’s how you will make your big money.
That’s all for now. Ciao! See you in the next one👋
