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Metaplanet, a Japanese Corporation, Acquires $6.25M in Bitcoin

Metaplanet, a Japanese Corporation, Acquires $6.25M in Bitcoin

Metaplanet Inc. invests $6.25 million in Bitcoin, marking a strategic shift in its financial strategy and an embrace of the digital asset ecosystem. Metaplanet Inc., a notable Japanese company , has entered the cryptocurrency market strategically reminiscent of industry titan MicroStrategy. However, the organization recently declared its intention to allocate a substantial quantity, precisely ¥1 billion […]

Japanese Metaplanet’s Stock Price Soars After Adopting Bitcoin

Japanese Metaplanet's Stock Price Soars After Adopting Bitcoin

Japanese publicly traded company Metaplanet said it had acquired 1 billion yen ($6.5 million) worth of Bitcoin as a fundamental treasury asset. Investment firm Metaplanet focuses on companies in the Web3 and metaverse industries. Sora Ventures, UTXO Management, and prominent figures like Jack Liu, an Ordiswap founding member, and Mark Yusko, the founder of Morgan […]