'Asia's MicroStrategy' Metaplanet Buys Another ¥400 Million Worth of Bitcoin

Japanese company Metaplanet bought another ¥400 million ($2.5M) in Bitcoin, continuing its strategy of accumulating Bitcoin as a treasury reserve asset to mimic MicroStrategy.

Jul 8, 2024 - 13:00
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'Asia's MicroStrategy' Metaplanet Buys Another ¥400 Million Worth of Bitcoin

Metaplanet, a Japanese public company that started as a hotel operator, announced it purchased another ¥400 million ($2.5 million) in Bitcoin. This continues the firm's strategy of adopting Bitcoin as a treasury reserve asset.

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