#MetaplanetBTCPurchase**
🚀 **"Metaplanet (#Metaplanet) doubles its investments in #Bitcoin.. Hedging against the Japanese Yen!"**
🔹 **Metaplanet** (listed in Tokyo) **announced the purchase of an additional 23.35 Bitcoin**, raising its holdings to **161.27 BTC** valued at ~$10 million!
🔹 **Strategy**: Hedge against the weakness of the Japanese Yen and inflation wave, benefiting from the **MicroStrategy** model.
🔹 **Market reaction**: #Metaplanet shares rose by **XX%** after the announcement.
📌 **Why are companies buying Bitcoin?**
✅ **Hedging against inflation** (especially in weak economies like Japan).
✅ **Benefiting from the rise of #BTC as a rare digital asset**.
💡 **Impact of the news on #Bitcoin**:
▪️ **Buying pressure** may support the price near **$60K**.
▪️ **Other companies** may follow suit amid anticipation of #ETF_bitcoin.
📊 **Do you think institutional investment will bring #Bitcoin back to the top?** ✨
#Digital_Currencies #Crypto #Investment #Blockchain
