#MetaplanetBTCPurchase #MetaplanetBTCPurchase Ah, you're referring to Metaplanet's Bitcoin purchase!
Recently, Metaplanet Inc., a Japanese public company (sometimes called "Japan’s MicroStrategy"), announced a major Bitcoin (BTC) purchase as part of its new treasury strategy. They bought 117.7 BTC (worth about $7.19 million at the time) to hedge against Japan's weakening yen and inflation concerns.
This move is similar to what MicroStrategy (led by Michael Saylor) has been doing — accumulating Bitcoin as a strategic reserve asset. After Metaplanet’s announcement, their stock price even jumped sharply, showing investor excitement about the Bitcoin strategy.
Would you like me to also break down why companies like Metaplanet are going