Bitcoin Turns Metaplanet Profitable for the First Time in 7 Years

Metaplanet, a Tokyo-based investment firm, is set to report its first consolidated operating profit in seven years, thanks to its strategic pivot to Bitcoin. This milestone comes just months after the company added Bitcoin to its balance sheet in a bid to hedge against currency devaluation. With Bitcoin price hitting multiple all-time highs lately, Metaplanet […] The post Bitcoin Turns... source: https://www.thecoinrepublic.com/2024/12/18/bitcoin-turns-metaplanet-profitable-for-the-first-time-in-7-years/