Metaplanet - Japanese MicroStrategy? 🏦→🪙
Just the facts:
✅ On 11.06.2024, purchased an additional 23.35 BTC($1.6M)
✅ Total holding: 141.07 BTC(~$10M)
✅ Shares (3350.T) increased by +300% since April
Why?
Hedging against a weak yen through BTC - the company's official strategy.
📌 Sources:
https://metaplanet.com/en/news
https://www.coindesk.com/business/2024/06/11/japans-metaplanet-buys-additional-235-bitcoin-worth-16m/
Who will be next to make a corporate entry into BTC? 👀
#MetaplanetBTCPurchase #Bitcoin #CorporateEntry #Bitcoin #Crypto #Investing