Part 11/13:
He insists the company’s approach is not reckless but calculated, leveraging the deep well of Japanese capital, and exploiting cross-jurisdictional arbitrage opportunities especially as Yen and Japanese bond yields fluctuate dramatically.
Furthermore, the anticipated issuance of Mercury shares at just 25% of Bitcoin NAV could, on Livingston’s conservative estimate, enable the company to acquire over 160,000 BTC—a figure that could grow significantly if growth exceeds expectations.
Final Thoughts: Long-term Bullishness
Livingston remains unabashedly bullish about Metaplanet’s prospects. He has even increased his own holdings, pouring an additional $2,000 into the company's stock, confident in their strategy and long-term vision.