#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, has made a bold strategic move by purchasing 117.7 BTC for $7.19 million, raising its total Bitcoin holdings to 141.07 BTC (valued at $10.05 million).

This initiative aims to hedge against Japan’s ongoing economic challenges, including a weakening yen and rising national debt. By adopting Bitcoin as a reserve asset, Metaplanet is following the playbook of MicroStrategy, signaling growing corporate confidence in crypto as a store of value. The announcement has had a positive impact on Bitcoin’s price and underscores a broader trend of businesses turning to digital assets to counter inflation and currency devaluation.