$ETH Investment Returns are Significant: The high returns in the first quarter provide strong support for subsequent investments, allowing the company to see the investment potential of Bitcoin.

• Optimistic About Future Value: In the context of increasing global economic uncertainty, Bitcoin serves as a value storage tool that can combat inflation and currency depreciation, and Metaplanet recognizes its long-term value.

• Impact of Industry Trends: Large enterprises and institutions like Tesla and MicroStrategy's large-scale investments in Bitcoin have made Metaplanet realize that positioning in Bitcoin helps enhance the company's market competitiveness and brand image.

• Improvement of Market Environment: The acceptance of cryptocurrencies in the Japanese market is gradually increasing, with rapid developments in financial technology, providing companies with more opportunities to explore digital asset allocation methods. At the same time, the gradual clarification of the regulatory environment has also strengthened the confidence of institutional investors like Metaplanet.

• Self-Strategic Layout: As a Web3 infrastructure service provider, Metaplanet enhances the risk resistance of its asset portfolio by increasing its Bitcoin holdings, which is part of its strategic layout in the digital asset field.