Good morning, everyone! Today, we will talk about the #MetaplanetBTCPurchase !

The newspapers and headlines are reporting that the Japanese Hotel and Crypto company ๐Ÿ‡ฏ๐Ÿ‡ต Metaplanet (listed as TYO:3350 on the JPY, ISIN JP3481200008) purchased 117 Bitcoin (worth around $7.2 million ๐Ÿ’ฒ at the moment of the transaction) as part of its new Bitcoin-focused strategy.

This move positions Metaplanet not only as one of the first publicly traded Japanese companies to hold Bitcoin as a treasury asset but also as one of the first ever to invest in the crypto market. ๐Ÿ˜

Metaplanet believes that Bitcoin can act as a hedge against inflation and serve as a long-term asset, similar to gold ๐Ÿช™.

The company plans to continue adding more coins to its balance sheet by buying more in the future! ๐Ÿ“ˆ๐Ÿ’ฐ

What do you think about this move? Will you buy Bitcoin or sell due to the increase in profits? ๐Ÿ’ธ