Recently, the news that the Japanese listed company Metaplanet increased its holdings in Bitcoin has sparked market discussions. Following multiple purchases previously, its Bitcoin holdings have significantly increased, with a goal of reaching a reserve of 10,000 coins by the end of the year. Metaplanet is raising funds for Bitcoin purchases through methods such as issuing stock subscription rights and issuing interest-free bonds, and it also plans to transform its hotels into cryptocurrency community exchange centers.
Metaplanet's active increase in Bitcoin holdings is not only based on its optimistic view of long-term value but also aims to hedge against the risk of yen depreciation. This strategic layout is similar to that of America's MicroStrategy, both of which hold a long-term optimistic view of the cryptocurrency market. If Metaplanet achieves its goal, it will surpass Coinbase and become the largest enterprise-level Bitcoin holder in Asia.