Hey! you're talking about Metaplanet’s latest Bitcoin move!
Metaplanet Inc. — a publicly listed company in Japan, often dubbed “Japan’s MicroStrategy” — just made headlines by adding 117.7 BTC to its balance sheet (worth around $7.19 million at the time). This bold step is part of a new treasury strategy aimed at protecting against a weakening yen and growing inflation concerns.
It’s a play straight out of MicroStrategy’s book — using Bitcoin as a strategic reserve asset. And it worked in their favor: after the announcement, Metaplanet’s stock price surged, reflecting strong investor confidence in their Bitcoin-first approach.
Want me to break down why more companies are jumping on the Bitcoin bandwagon?