Tokyo, Japan – Bitcoin, which amounts to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) Bitcoin purchase plan, which was initially disclosed on June 24. With this final purchase, MetaPlanet’s total Bitcoin holdings now amount to 245.992 BTC.
Tokyo Stock Exchange-listed company Metaplanet Inc. (3350) is undergoing a strategic transformation by adopting Bitcoin as its primary treasury reserve asset. This move aims to leverage additional cash flow and implement financial strategies such as debt and equity financing to accumulate more Bitcoin.
Driven by Bitcoin’s scarcity and stable monetary policy, Metaplanet’s strategy addresses Japan’s economic challenges, including high government debt, negative interest rates, and a weak yen. The company’s goal is to enhance shareholder value through this Bitcoin-centric approach.
We believe this move will not only secure financial future but also position us favorably in the evolving digital economy.”
