#MetaplanetBTCPurchase – "Has the 'MicroStrategy of Japan' emerged?"

Metaplanet – a company listed on the Tokyo Stock Exchange – has just announced its purchase of BTC to add to its balance sheet, officially becoming the first Japanese company to do so.

Objective: To protect assets against the depreciation of JPY

Comparison: Many investors are calling this the "Japanese MicroStrategy"

Impact: Opens up a wave of Asian businesses buying BTC as a reserve asset

Insight: This is not just a FOMO story, but a strategic move in an environment of ultra-low interest rates and a depreciating yen.