#MetaplanetBTCPurchase
Metaplanet, a Japanese company, has recently made headlines for its significant Bitcoin (BTC) purchases as part of its corporate treasury strategy. Here are the key details:
### **Metaplanet’s Bitcoin Purchases:**
1. **Initial Purchase (June 2024):**
- Metaplanet acquired **117.7 BTC** (worth ~¥1 billion or ~$6.2 million at the time).
- This move was part of a shift to Bitcoin as a "strategic treasury asset" to hedge against Japan’s economic challenges, including high debt and a weakening yen.
2. **Additional Purchases (July 2024):**
- The company bought **another 42.47 BTC** (~¥400 million or ~$2.5 million).
- This brought its total holdings to **161.17 BTC** (worth ~$10 million at the time).
3. **Latest Purchase (June 2025):**
- Metaplanet continues to accumulate BTC, with recent filings indicating further additions to its holdings.
- The company now holds **over 200 BTC**, reinforcing its long-term Bitcoin strategy.
### **Why is Metaplanet Buying Bitcoin?**
- **Hedge Against Yen Weakness:** Japan’s currency has faced depreciation due to loose monetary policies.
- **Alternative to Japanese Government Bonds (JGBs):** Low yields and high debt make Bitcoin a more attractive reserve asset.
- **Following MicroStrategy’s Playbook:** Similar to Michael Saylor’s firm, Metaplanet is adopting BTC as a primary treasury asset.
### **Market Reaction & Impact:**
- Metaplanet’s stock (**3350.T**) surged after announcing Bitcoin purchases.
- The company has become a publicly traded Bitcoin proxy in Asia, attracting investors seeking BTC exposure.
### **Future Plans:**
Metaplanet may continue accumulating Bitcoin, positioning itself as a leader in corporate BTC adoption in Japan.