#MetaplanetBTCPurchase

The Japanese company Metaplanet announced the purchase of 1112 Bitcoins worth $117.2 million, bringing its total holdings to 10,000 Bitcoins, surpassing Coinbase to become one of the largest corporate Bitcoin holders. This move, which was funded through the issuance of $210 million zero-interest bonds, boosted the company's stock price by 26% on the Tokyo Stock Exchange. Metaplanet is viewed as the "MicroStrategy of Japan" due to its bold strategy in investing in Bitcoin, reflecting an increasing confidence in the digital currency as a financial asset. The company's future goal is to reach 210,000 Bitcoins by 2027.