$BTC
Metaplanet is a company listed on the Tokyo Stock Exchange (Tokyo Stock Exchange: 3350) that initially operated in the hospitality and technology sectors, but has recently changed its treasury strategy to accumulate Bitcoin.
Why buy Bitcoin?
Hedging against a weak yen: The Japanese yen is experiencing a sharp decline, and Metaplanet views Bitcoin as a store of value.
Inspired by MicroStrategy: Similar to MicroStrategy's Michael Saylor, Metaplanet classifies Bitcoin as a core reserve asset for its treasury.
Adoption of Bitcoin: Regulatory clarity in Japan gives it an advantage in holding Bitcoin on balance sheets.
