#MetaplanetBTCPurchase
Additional Explanation:
Transition to Bitcoin:
Metaplanet began selling most of its real estate assets while retaining one property in Tokyo, converting the proceeds from the sale to purchase Bitcoin.
Purchase Plan:
The company announced plans to raise $5.4 billion to increase its Bitcoin holdings, aiming to reach 210,000 Bitcoins by 2027 [2, 3].
Comparison to MicroStrategy:
Metaplanet follows a strategy similar to that of MicroStrategy, an American company