#MetaplanetBTCPurchase
๐ผ #MetaplanetBTCPurchase โ Japanโs MicroStrategy? ๐ฏ๐ต๐ง
Metaplanet, a Tokyo-based public company, just made another huge Bitcoin buy โ adding 250M yen (~$1.6M) worth of BTC to its balance sheet! ๐ฐ
๐ Total holdings now: 141 BTC
๐ Why is this significant?
Metaplanet is publicly traded on the Tokyo Stock Exchange
First Japanese company to follow a "Bitcoin Treasury Strategy"
Move sparked a 90%+ rally in Metaplanet's stock price over the last month! ๐
๐ง Inspired by MicroStrategy? With Japanโs low interest rates and weakening yen, Bitcoin is becoming a serious hedge โ and Metaplanet is leading the charge.
โก Is this the beginning of a Bitcoin standard in Asia?
๐ข If more Asian firms follow this route, we could see global FOMO 2.0 start from the East.