#MetaplanetBTCPurchase
Metaplanet: Estonian Company Betting on Bitcoin
Metaplanet, an Estonian investment company, is attracting increasing attention due to its aggressive Bitcoin-focused strategy. Founded in 1999, Metaplanet recently made a significant pivot by announcing plans to make Bitcoin its primary treasury asset, following in the footsteps of companies like MicroStrategy.
This strategic move, made under the leadership of new chairman and Bitcoin advocate Marko Lemasalu, aims to protect the company from inflation and offer shareholders long-term growth potential associated with the decentralized nature of Bitcoin. Metaplanet has already begun accumulating Bitcoins, funding purchases through equity issuance and debt instruments. The company aims to become the European equivalent of MicroStrategy, actively investing in the leading cryptocurrency and providing investors with the opportunity to access Bitcoin through traditional stock markets. This approach highlights the growing recognition of Bitcoin as a legitimate asset for corporate treasuries.
