$BTC Japanese listed company Metaplanet has bought Bitcoin again!

This time they purchased 1,112 BTC in one go, officially breaking through a total holding of 10,000 BTC, becoming one of the top ten Bitcoin holding companies in the world, and it is not an exaggeration to call them the 'Japanese version of MicroStrategy.'

The funds for the purchase came from a new round of convertible bond financing, amounting to as much as 117 million dollars.

The current holding market value exceeds 1 billion dollars.

The company's goal is to hold 210,000 BTC in the future, accounting for 1% of the global total.

Against the backdrop of the Bank of Japan maintaining an ultra-loose policy and the yen continuing to depreciate, Metaplanet is using Bitcoin as a 'hedge' for itself.