#MetaplanetBTCPurchase Recently, the hashtag #MetaplanetBTCPurchase has been drawing attention in the cryptocurrency community as Metaplanet (Japan) continues to buy more Bitcoin as part of its asset reserve strategy. This move reinforces the trend of Asian companies accepting BTC, following MicroStrategy and Tesla.

Why is Metaplanet Buying Bitcoin?

Inflation hedge: Like MicroStrategy, Metaplanet views Bitcoin as "digital gold" to protect assets against the depreciating JPY.

Long-term strategy: The company claims it will continue to accumulate BTC despite

market volatility.

Clear legal signals: Japan has an open cryptocurrency legal framework, facilitating business investments.

Market Impact

The price of Bitcoin may receive psychological support from this positive news.

Metaplanet's stock (TSE: 3350) is also being closely monitored by investors.

What do you think about the trend of companies "hodl" Bitcoin?

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.