🇯🇵 Metaplanet strengthens its Bitcoin strategy.
The Japanese company has acquired 319 $BTC for 3.77 billion yen (~26.3M $).
→ Total held: 4 525 $BTC
Quick analysis:
→ Metaplanet adopts a cash reserve strategy in Bitcoin, similar to that of #MicroStrategy
→ A potential hedge against yen depreciation and inflation
→ Strong signal sent to the markets about their long-term conviction in BTC
→ Potential impact: increased attractiveness to pro-crypto investors
A strategic decision that could set a precedent in the Japanese market.
