#MetaplanetBTCPurchase

Metaplanet, a Japanese company, has aggressively adopted Bitcoin as its primary treasury asset, mirroring MicroStrategy's strategy. They recently announced a significant purchase of 1,112 BTC for $117.2 million, bringing their total holdings to 10,000 BTC. This makes Metaplanet the ninth-largest publicly traded Bitcoin holder, surpassing Coinbase.

To fund these acquisitions, Metaplanet has employed innovative financing, including issuing zero-interest bonds. Their stock has surged dramatically, reflecting investor confidence in their Bitcoin-centric approach, which aims to hedge against Japan's weakening yen and high government debt. Metaplanet has ambitious plans to further expand its Bitcoin reserves, targeting 210,000 BTC by the end of 2027.