#MetaplanetBTCPurchase 🟠📈

Metaplanet, a company from Japan that used to be in the hotel business, is now fully focused on Bitcoin. Recently, they bought 1,112 BTC worth around $117 million, and now hold over 10,000 BTC in total.

Their big goal is to buy up to 210,000 BTC by 2027, which would be about 1% of all Bitcoin ever made. To get this much BTC, they are raising money by selling bonds.

Because of these big moves, Metaplanet’s stock has jumped over 400% this year, and many people are calling them “Japan’s MicroStrategy.”

This shows how more companies are starting to see Bitcoin as a long-term store of value instead of just a trade. But some investors still wonder—will this pay off or is it too risky?

What’s your view on Metaplanet’s bold Bitcoin plan?

#BinanceSquare #BitcoinNews #CryptoUpdate #BTCJapan