#MetaplanetBTCPurchase
Japanese Metaplanet continues to buy BTC!
The company announced a new purchase of 23.35 BTC for approximately $1.59 million. In total, Metaplanet already owns 203.73 BTC, making it the unofficial "micro-version of MicroStrategy" in Asia.
This strategy reinforces the trend of institutional accumulation of Bitcoin amid global financial instability. Metaplanet has also taken advantage of the tax status in Japan, where BTC is classified as a non-monetary asset.