Japanese Investment Firm Metaplanet Announces Purchase of Bitcoin Worth ¥1 Billion

Japanese Investment Firm Metaplanet Announces Purchase of Bitcoin Worth ¥1 Billion
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The post Japanese Investment Firm Metaplanet Announces Purchase of Bitcoin Worth ¥1 Billion appeared first on Coinpedia Fintech News
Metaplanet seems to follow MicroStrategy’s footsteps after deciding to make Bitcoin its saving choice. In a recent disclosure, Japanese company Metaplanet Inc. has announced its purchase of ¥1 billion ($6.25 million) worth of Bitcoin. This move comes as the company strategically diversifies its investment portfolio and enters the cryptocurrency space.

Today, we’re thrilled to announce a groundbreaking shift in our financial strategy, as we embrace Bitcoin as the core treasury asset of the Company going forward by committing an initial JPY 1 billion. This strategic pivot is not just about embracing digital assets but also about… pic.twitter.com/OASxj9IBPG
— Metaplanet Inc. (@Metaplanet_JP) April 8, 2024

Metaplanet Acquired $6.5 Mln Worth of Bitcoin
Metaplanet, a prominent investment and consulting firm listed on the Tokyo Stock Excha

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