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re: Metaplanet-MTPLF/3350

Posted on 6/6/25 at 1:51 pm to
Posted by beaverfever
Arkansas
Member since Jan 2008
35329 posts
Posted on 6/6/25 at 1:51 pm to
I envy your intestinal fortitude. I bought nvda dirt cheap and sold shares all the way to the top like a fool. You’ve gotta cash in on those 10 baggers when you find them. I won’t sell any more shares. These were all free and then some so if they go to zero they go to zero.

My goal the whole time was to start an epic MT thread so I hope it keeps it up and I’m bumping at $100 lol.
This post was edited on 6/6/25 at 1:55 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
38420 posts
Posted on 6/6/25 at 2:27 pm to
very possible. If BTC runs to 150k and the issues in Japan get worse, this could run there
Posted by I Love Bama
Alabama
Member since Nov 2007
38420 posts
Posted on 6/16/25 at 1:06 pm to
Pump it up.
Posted by beaverfever
Arkansas
Member since Jan 2008
35329 posts
Posted on 6/16/25 at 4:41 pm to
$13.15 close. This company seems like it’s about to supply Japan’s entire appetite for bitcoin.
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
448 posts
Posted on 6/17/25 at 5:33 am to
Anybody worried about the potential pfic stuff? I’m praying they somehow skirt it so my accountant won’t kill me.
Posted by beaverfever
Arkansas
Member since Jan 2008
35329 posts
Posted on 6/18/25 at 3:33 pm to
I own it in my Roth fortunately but I did briefly hold it in my regular brokerage account. Maybe Saylor has connections in the admin that can ask the IRS to look kindly on it. I did a quick review of the subject and it didn’t seem clear to me that it should qualify as a PFIC. Obviously I’m no expert but that was my take.
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
448 posts
Posted on 6/19/25 at 5:43 am to
Hope you’re right. Have wanted to add more but am waiting for clarification on that
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14428 posts
Posted on 9/16/25 at 12:38 pm to
Just found this thread. Any recent thoughts on MTPLF from the board?

I bought in July in the $10 range and have bought my cost basis down to about $5.90 since that time. It’s been rough.

I’m seeing speculation on Twitter about another big BTC purchase soon..

Also seeing news about massive short positions from institutions..
This post was edited on 9/16/25 at 12:45 pm
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