🚀🇯🇵 #MetaplanesBTCPurchase – Japan’s MicroStrategy? 🪙🔥
Tokyo-based investment firm Metaplanet just made waves by purchasing 619.7 BTC (~$60M), pushing their total holdings to 1,762 BTC. Their aggressive Bitcoin strategy has drawn comparisons to MicroStrategy, as they double down on BTC even in market dips. 📉➡️📈
With an average cost of $75,600 per BTC, they’re not just holding – they’re building a BTC-powered business model. Metaplanet reported a 310% return on BTC between October and December 2024 – showing they’re not afraid of volatility, they're using it. ⚡
The message is loud and clear: institutions aren’t just watching Bitcoin anymore – they’re buying big. This move adds bullish momentum to the global BTC narrative. 🌍
Is this the start of Japan’s corporate Bitcoin wave? Or just the beginning of Metaplanet's master plan? Stay tuned.
