Metaplanet, a Japanese public company, has made a significant investment in Bitcoin, purchasing ¥1 billion ($6.25 million), which represents about 30% of its current market capitalization. This marks the first time a Japanese public company has invested such an amount in Bitcoin. Metaplanet has declared its intention to adopt Bitcoin as a treasury reserve asset, following the example set by MicroStrategy. This investment comes at a time when the Japanese Yen has significantly devalued against Bitcoin.
Japanese public company @Metaplanet_JP invests ¥1b into #Bitcoin as a reserve asset following @saylor's @MicroStrategy 👀 https://t.co/7Yk8AhegVy See announcement here-> https://t.co/ZYRJtbEJPZ MetaPlanet declares its intention to adopt Bitcoin as a treasury reserve asset 👀… https://t.co/DvWIWEggtl
Japanese public company @Metaplanet_JP invests ¥1b into #Bitcoin as a reserve asset 👀 https://t.co/7Yk8AhegVy See announcement here-> https://t.co/ZYRJtbEJPZ MetaPlanet declares its intention to adopt Bitcoin as a treasury reserve asset 👀 citing @MicroStrategy as the… https://t.co/pjd9QnAW7A
🚨 BREAKING 🚨 METAPLANET, A JAPANESE COMPANY HAS PURCHASED ¥1B ($6.25M) OF BTC RECENTLY, JAPANESE YEN WENT TO ZERO AGAINST BITCOIN GIGA BULLISH 🔥🚀 https://t.co/dKE98aA2HO