#Metaplanet增持比特币 Metaplanet takes action again to increase its Bitcoin holdings! This Tokyo-listed company has just announced the use of 1 billion yen (approximately 6.5 million US dollars) to purchase 97 BTC, bringing their Bitcoin treasury to a total of 152 coins. The most aggressive part is their method of buying coins—directly using 90% of the company's cash reserves, which is no longer asset allocation, but rather an all-in bet. The reason given by the board is very Japanese: "To hedge against the risk of uncontrollable government bond yields," after all, the Bank of Japan is still printing money like crazy, and holding cash is indeed not as good as holding Bitcoin as hard currency.

The market votes with its feet; after the news was released, the company's stock price surged 23% in a single day, marking its largest increase of the year. Now, their market value is already 62% linked to the price of Bitcoin, making them a Japanese version of MicroStrategy. However, compared to their American counterparts, the Japanese approach is more aggressive—not only buying coins with full cash, but also issuing zero-interest convertible bonds, clearly signaling a move towards the extreme operation of "debt-financed coin purchases." Analysts have calculated that as long as Bitcoin remains above $65,000, they can cover their annual operating costs just by holding coins.