#MetaplanetBTCPurchase Metaplanet Inc., a Tokyo-listed investment firm, recently made headlines with its strategic purchase of Bitcoin, signaling growing corporate interest in digital assets beyond the West. The company acquired 117.7 BTC, worth approximately $7.19 million, as part of a broader shift toward Bitcoin as a treasury reserve asset. This move mirrors the strategy adopted by U.S.-based MicroStrategy and reflects increasing institutional confidence in Bitcoin's long-term value. Metaplanet cited concerns over the yen’s declining value and global economic uncertainty as key motivations. The purchase marks one of the most significant Bitcoin acquisitions by a publicly traded company in Japan, suggesting a potential trend toward greater crypto adoption in Asia. Investors responded positively, with Metaplanet’s stock seeing a notable uptick following the announcement.
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