Good morning, everyone! Today, we will talk about the #MetaplanetBTCPurchase !

The newspapers and headlines are reporting that the Japanese Hotel and Crypto company 🇯🇵 Metaplanet (listed as TYO:3350 on the JPY, ISIN JP3481200008) purchased 117 Bitcoin (worth around $7.2 million 💲 at the moment of the transaction) as part of its new Bitcoin-focused strategy.

This move positions Metaplanet not only as one of the first publicly traded Japanese companies to hold Bitcoin as a treasury asset but also as one of the first ever to invest in the crypto market. 😏

Metaplanet believes that Bitcoin can act as a hedge against inflation and serve as a long-term asset, similar to gold 🪙.

The company plans to continue adding more coins to its balance sheet by buying more in the future! 📈💰

What do you think about this move? Will you buy Bitcoin or sell due to the increase in profits? 💸