Metaplanet has successfully completed its Bitcoin purchase plan with an additional $1.2 million investment, significantly increasing its Bitcoin holdings. This move has positively impacted its stock price and positioned the company as a key player in Bitcoin adoption in Japan.
Huang BoThe moves by Sony and Metaplanet indicate growing adoption of Crypto assets in Japan.
JinseFinanceThe Japanese investment advisor said it acquired more than 20.2 BTC.
JinseFinanceMetaplanet, often referred to as the "MicroStrategy of Asia," has acquired an additional 20.2 Bitcoin (BTC) worth approximately 200 million yen (about $1.2 million). This is the company's fourth Bitcoin purchase in four months. With this latest purchase, Metaplanet's total Bitcoin holdings have reached 161.27 BTC, valued at over 1.6 billion yen (over $10 million).
ZeZhengMetaplanet's shares soared 158% after adopting a Bitcoin investment strategy, mirroring MicroStrategy, amid Japan's economic pressures and yen devaluation.
BerniceJapanese Prime Minister Fumio Kishida has been supportive of advancing the country’s cryptocurrency efforts since coming to office last year.
BeincryptoJapan is witnessing a surge in local interest in cryptocurrency.
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