$BTC often seen as a “safe” place to store value, especially when regular money is losing power.
📈 Who else has done this?Metaplanet, a leading publicly traded firm, has acquired 1,112 BTC worth around $117.2 million, bringing its total holdings to over 10,000 BTC.
This strategic move highlights rising institutional belief in Bitcoin’s long-term value and its role as a hedge during economic uncertainty.
As traditional companies adopt digital assets, Bitcoin is increasingly viewed as a serious financial tool, not just a speculative asset.has made headlines in the crypto world. Metaplanet, a forward-thinking Japanese firm, has decided to allocate a portion of its treasury to Bitcoin. This move mirrors MicroStrategy's strategy and indicates growing corporate confidence in BTC as a store of value. As inflation and fiat currency concerns increase globally, companies are beginning to seek alternative assets. Metaplanet's decision could spark a new trend across Asia and influence more institutional players to adopt BTC. Such high-profile purchases add to the growing narrative that Bitcoin is not just a speculative asset, but a strategic long-term Metaplanet (3350), the Japanese company that's committed to buying bitcoin
BTC
$106,798.50
, boosted its holdings to 10,000 BTC, overtaking crypto exchange Coinbase (COIN) to now own the ninth-largest stash among publicly traded companies.
The Tokyo based company bought 1,112 BTC for $117.2 million at an average price of $105,435 per bitcoin, CEO Simon Gerovich posted on X. The purchase lifted its holdings