China News Today TheBitTimes.com

Although many crypto investors flee to bitcoin (BTC) as a safe haven, it hasn’t performed particularly well during times of war. Consider its underperformance against other tech investments during the onset of a conflict. Despite US President Donald Trump’s 53 assurances that the Russia-Ukraine war would end “on day one,” that conflict continues. Worse, a new war just started in Iran , giving us a recent example against which to analyze BTC as an ostensible safe haven asset. BTC often correlates with the NASDAQ-100 index, the largest proxy for the tech industry. However, many military headlines have driven BTC to decouple from the NASDAQ to the downside. On Monday, for example, Trump surprised the world with a sudden post to TruthSocial asking everyone in Tehran to evacuate immediately. That plea, made at 6:30pm New York time to a metro area of over 15 million people, immediately tanked NASDAQ-100 constituents in after-hours trading. The NASDAQ 100-tracking Q...

Japanese MicroStrategy rival MetaPlanet has outperformed Michael Saylor’s bitcoin (BTC) acquisition company by 317% year-to-date. Since January 1, 2025, MicroStrategy has rallied 27% while MetaPlanet has surged 430%. Assuming an equal $1,000 investment in both companies at the start of the year, the MetaPlanet position would be 317% larger today: $5,300 versus the $1,270 MicroStrategy position. Although both companies have announced plans to pay dividends to preferred shareholders, neither pays them to common shareholders. Comparing performance based on stock prices alone is, therefore, appropriate. Year to date, MicroStrategy has increased its BTC holdings 33% from 446,400 to today’s 592,100. Starting with a far smaller treasury, MetaPlanet made notable strides to catch up. In 2025, MetaPlanet rapidly increased its BTC holdings by 467% from 1,761 to today’s 10,000 . Historically, MetaPlanet benefited from a unique position in capital markets, long enjoying a near-...