#MetaplanetBTCPurchase – Japan’s Bold Bitcoin Bet
Metaplanet just doubled down on Bitcoin, mirroring MicroStrategy’s playbook! The Tokyo-listed firm added ¥200M ($1.25M) in BTC, citing “hyper-inflationary risks” and yen weakness.
This move signals growing corporate adoption in Asia, with Bitcoin as a treasury reserve asset. As Japan’s economy struggles, could more firms follow?
Why It Matters: Metaplanet’s stock surged post-announcement—proof that BTC-backed equities attract investors. Bullish for crypto adoption!