When Bonds Go Bust, Bitcoin Takes the Stage! đđ°
Ah, the delightful dance of the stock market! One cannot help but marvel at the audacity of Metaplanet, whose share price has soared like a phoenix from the ashes, rallying an astonishing 108% on Wednesday. This meteoric rise, dear reader, is not merely a fluke but a splendid âshort squeezeâ amidst the delightful chaos of Japanâs bond market. Who knew that financial instability could be so entertaining? đ
In the last five trading sessions on the Tokyo Stock Exchange, this Bitcoin-holding firm has basked in the glow of an 80% gain, as Bitcoin itself flirts with the tantalizing heights of $111,861. One must wonder, is this a financial revolution or merely a whimsical jest? đ€
As Japanâs 30-year government bonds (JGB) yield has surged to an unprecedented 3.14%, and the 40-year yield has climbed to a staggering 3.6%, one can only chuckle at the irony. The Bank of Japan, in its infinite wisdom, seems to be more focused on bond monetization than on the burgeoning debt-to-GDP ratio of 250%. A veritable recipe for disaster, wouldnât you agree? đ”
//coingape.com”>Coingape.com
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2025-05-22 11:50