#MetaplanetBTCPurchase đ° #MetaplanetBTCPurchase â New Corporate Wave in the Bitcoin World
Metaplanet Inc., a Japanese public company, has recently come into the spotlight for buying Bitcoin, leading many to call it "Japan's MicroStrategy."
đ What Happened?
Since the middle of 2024, Metaplanet has been consistently purchasing BTC.
So far, they own about 190 BTC, with a current market value of nearly 12 million USD.
They are adopting this as their corporate reserve strategy â that is, converting to BTC for protection against inflation.
đ Its Impact:
Metaplanet's stock price has skyrocketed â gaining over 200% in just a few weeks.
A new trend of BTC accumulation may emerge among companies in Asia, including Japan.