🇯🇵 Update: Japanese Metaplanet Surpasses Coinbase in Bitcoin Holdings! 🚀
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📈 New Record:
Japanese company Metaplanet has announced that it has now surpassed Coinbase in total Bitcoin holdings ($BTC), with its assets reaching 10,000 $BTC. 💰 This makes it the ninth largest publicly traded company in the world holding Bitcoin.
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💡 Strong Strategy:
* Continuous Buying: Metaplanet recently purchased an additional 1,112 $BTC worth $117.2 million, at an average price of $105,435 per coin. 📊
* "Bitcoin First" Model: The company follows an aggressive strategy similar to MicroStrategy, viewing Bitcoin as a key reserve asset against inflation and fluctuations in the Japanese yen. 🛡️
* Innovative Financing: To fund the purchases, Metaplanet recently issued non-interest bearing bonds worth $210 million. 🌐
* Massive Value Growth: The company's market value has significantly surged, surpassing one trillion yen ($6.9 billion), and its stock jumped by 26% on Monday. 🚀
❓ Do you think Metaplanet's rise will encourage more Japanese and global companies to adopt similar Bitcoin strategies? 🤔
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