#MetaplanetBTCPurchase
Japan’s Metaplanet adopts Bitcoin as a reserve asset, mirroring MicroStrategy’s strategy.
2. ¥1B ($6.25M) BTC purchase announced in June 2024 to hedge against JPY weakness.
3. Corporate treasury shift replaces JPY holdings with BTC to combat inflation.
4. Stock surged 90% post-announcement, reflecting investor confidence