$BTC In July 2024, the Japanese company Metaplanet finalized its plan to purchase BTC by acquiring an additional 20.38 BTC for approximately 1.2 million dollars (200 million yen). This operation brought its total holdings to 245.99 BTC, valued at around 16.5 million dollars at that time [1].

Metaplanet, often compared to MicroStrategy for its BTC strategy, has adopted BTC as a long-term reserve asset, particularly to hedge against the volatility of the Japanese yen. This decision was well received by the markets: after the announcement of the purchase, Metaplanet's stock price soared by more than 19% [