#MetaplanetBTCPurchase MetaplanetBTCPurchase Metaplanet, a Japanese public company, has recently made headlines for its significant Bitcoin purchases as part of its treasury strategy. Here are the key details:

**Metaplanet’s Bitcoin Purchases (As of June 2024)**

1. **Initial Purchase (June 2024)**

- Bought **42.47 BTC** for **¥400 million** (~$2.5 million).

- Announced plans to adopt Bitcoin as a "strategic reserve asset" to hedge against Japan’s economic challenges (weak yen, high debt).