#MetaplanetBTCPurchase
🏢🟧 Metaplanet buys more $BTC and continues the "Japanese MicroStrategy" strategy 🇯🇵💼
The Japanese firm Metaplanet is in the news again after announcing the purchase of 250 million yen (approximately $1.6M USD) in Bitcoin as part of its value reserve strategy.
🔹 It now holds more than 141 BTC in its balances.
🔹 Its stock rose +10% after the announcement, demonstrating the direct impact of crypto on traditional stock markets.
🔹 The company announced that this will be a long-term strategy.
📈 Why does this matter?
Because we are seeing how companies outside the U.S. are starting to adopt Bitcoin as part of their corporate treasury, something that until now was exclusive to MicroStrategy.
🇯🇵 In Japan, this could be the beginning of a new trend: publicly traded companies migrating part of their capital towards crypto as a shield against inflation and the weakness of the yen.
👀 In Binance, this movement strengthens the bullish case for BTC in the long term.
#MetaplanetBTCPurchase