#MetaplanetBTCPurchase Mano… did you see what Metaplanet did? These guys are in "Japanese Michael Saylor" mode.
For those who are not in the loop: Metaplanet, a company listed on the Tokyo Stock Exchange, just bought $159,524,340,096 million in Bitcoin. And this is not the first time... they had been loading up their cart for a few months and now decided to go all in.
The craziest part? The company's stock skyrocketed after the purchase. Like... it rose almost 10% in one day. The market there reacted like a rock band fan when a new album drops.
What does this show? That BTC is becoming a reserve currency even for traditional Japanese companies. Their argument is the same as always: "hedge against inflation, cash diversification, protection against yen devaluation."
And let's be real... if Japan, with all its bureaucracy, is allowing companies to buy Bitcoin and the market is liking it... my friend, the game is changing.
Get ready... soon this trend will catch on here too.