#VietnamCryptoPolicy Metaplanet, a Japanese investment firm, has announced significant Bitcoin purchases, buying 117.7 BTC for $7.19 million, bringing its total holdings to 141.07 BTC ($10.05 million). This strategic move aims to hedge against Japan’s economic challenges, including a weak yen and high debt. The company follows MicroStrategy’s lead in adopting Bitcoin as a reserve asset, boosting market confidence. The announcement positively impacted Bitcoin’s price, highlighting growing corporate interest in cryptocurrency as a hedge against inflation and currency devaluation. Metaplanet’s bold step reflects a broader trend of institutional Bitcoin adoption.