Corporate Treasury Diversification
1. MetaPlanet is shifting part of its treasury reserves into Bitcoin (BTC) to diversify from fiat.
2. Traditional reserves (like yen or USD) lose value due to inflation; BTC is seen as digital gold.
3. In May 2024, MetaPlanet acquired 117.7 BTC worth ~$7.19 million USD at an average of $61,530/BTC.
4. This move aims to protect shareholder value by holding appreciating assets over time.
5. Inspired by MicroStrategy's model, it's part of a broader financial innovation in Asia.
6. Holding BTC can increase long-term balance sheet strength if BTC continues to outperform fiat.
7. Future purchases are expected as part of an ongoing accumulation strategy.