#MetaplanetBTCPurchase Metaplanet, a Japanese investment company, has been aggressively accumulating Bitcoin, making headlines for its substantial BTC purchases. Unlike Meta Platforms (formerly Facebook), which recently saw its shareholders overwhelmingly reject a proposal to add Bitcoin to its treasury, Metaplanet is actively pursuing a Bitcoin-centric strategy.
Metaplanet's shares have surged following their announcements of increased Bitcoin holdings, with plans to acquire a significant number of BTC by 2027. This strategy positions Metaplanet as a key corporate holder of Bitcoin, aiming to be among the largest publicly traded companies with BTC on their balance sheets, second only to MicroStrategy. This move reflects a growing trend of some companies embracing Bitcoin as a treasury asset.