🟢 The Japanese are loading up on Bitcoin in a big way — Metaplanet holds $414 million in BTC
— The investment firm Metaplanet from Japan bought another 330 BTC for $28.2 million (at ~$85,605 per coin) on April 21.
— Total holdings: 4,855 BTC, valued at $414 million.
— The annual return on their BTC portfolio is +119% YTD.
Why this is important for the market: — Metaplanet increasingly mirrors MicroStrategy's strategy,
— such purchases strengthen the perception of Bitcoin as a corporate asset,
— and add fuel to the bullish trend.
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