Metaplanet’s Bitcoin Move – Simple Summary:
Who? 🇯🇵 Metaplanet, a Japanese company that used to focus on hotels.
What? They changed their entire business to focus on buying Bitcoin.
Why? Inspired by Michael Saylor’s MicroStrategy in the U.S., they want to give investors Bitcoin exposure through their stock.
How much? They’ve already bought 10,000 BTC (~$947 million), with a goal of owning 210,000 BTC by 2027.
How? They raise money by selling shares and issuing zero-interest bonds.
Recent purchase: Just bought 1,112 BTC for about $117 million.
Stock performance? 🚀 Their share price has gone up around 8,800% in 2 years.
Risk? If Bitcoin price drops or if their stock premium shrinks, they could face big problems.
👉 Bottom Line:
Metaplanet is betting big on Bitcoin. It’s risky, but so far — it’s working.