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