Latest Purchase Details
- Amount of BTC Bought: 145.#BTC
- Total Current Holdings: 5.000 BTC
- Strategy: #Metaplanet consistently accumulating BTC as part of a hedge strategy against weakening #Yen #Jepang and inflation.
Why Does Metaplanet Keep Buying BTC?
1. Hedge Against Weak Yen: The Japanese Yen continues to weaken against the USD, making assets like Bitcoin an attractive alternative.
2. High Inflation: The Bank of Japan's loose monetary policy (#BOJ ) pushes companies to seek inflation-resistant assets.