Metaplanet Adds Bitcoin to Treasury as Strategic Reserve Asset
Tokyo-based investment firm Metaplanet has announced the addition of Bitcoin (BTC) to its corporate treasury, adopting it as a strategic reserve asset. The move aligns Metaplanet with other forward-thinking companies like MicroStrategy that are turning to Bitcoin as a hedge against economic instability.
The company cited Japan’s weakening yen and rising inflationary pressures as primary factors driving the decision. By holding BTC, Metaplanet aims to reduce reliance on fiat currencies and protect its reserves from devaluation.
This strategic shift underscores the growing trend of corporate adoption of Bitcoin as a long-term store of value and alternative to traditional assets.