Metaplanet Boosts Bitcoin Holdings: Embracing Crypto Amidst Fiat Volatility

Copy link
URL has been copied successfully!

In Tokyo, Metaplanet has taken a significant step towards strengthening its financial position by acquiring nearly 22 additional bitcoins. This move follows their earlier strategy shift to prioritize bitcoin as a hedge against the depreciation of the Japanese yen. With this recent purchase, Metaplanet now holds approximately 225.61 bitcoins, worth over $14.17 million. This decision not only underscores their confidence in cryptocurrency’s role as a store of value but also positions them as a potential choice for investors seeking exposure to bitcoin within the Japanese market. The move aligns with a broader trend of corporate adoption of bitcoin as a strategic asset amidst global economic uncertainties.