#MetaplanetBTCPurchase Metaplanet Inc., listed on the Tokyo Stock Exchange, announced its first BTC purchase in April 2024.
The company has committed to adding BTC to its balance sheet as a primary reserve asset, citing concerns over inflation, fiat currency devaluation, and long-term store of value.
These purchases have made Metaplanet Japan’s “MicroStrategy”, drawing attention from both Japanese and global crypto investors.
The company continues to acquire BTC through direct purchases and may use a mix of debt financing, strategic reserves, and cash flow.
This move has boosted investor confidence and caused significant volatility and growth in its stock price.