#MetaplanetBTCPurchase

MetaPlanet, a Japanese investment firm, recently purchased 117.7 BTC worth about $7.19 million.

This marks MetaPlanet's second major Bitcoin acquisition in 2024.

The move is part of its new strategy to adopt Bitcoin as a core treasury reserve asset.

MetaPlanet is being dubbed “Asia’s MicroStrategy” due to its BTC accumulation model.

The company aims to hedge against yen devaluation and global economic uncertainty.