In April 2024, Metaplanet made its first significant move into Bitcoin, investing 1 billion yen (~$6.6 million) in the leading cryptocurrency. This led to an immediate jump in the company's stock price by 90%.

Metaplanet management said that this investment is just the beginning of the process of transferring corporate assets to Bitcoin, which is seen as a strategic tool for capital protection.

In a letter to investors, the company explained that this move was caused by the constant devaluation of the Japanese yen, provoked by the negative interest rate policy. According to Metaplanet, despite volatility, Bitcoin shows long-term growth, which makes it a more reliable tool for storing value compared to the national currency.

📊 Conclusion: The company expects Bitcoin to continue to outperform the Japanese yen in terms of returns, and its investment strategy can become an example for other Asian corporations. 🚀

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