Japan's Metaplanet, Japan's largest corporate Bitcoin holder, increased Bitcoin holdings by $2.5M, purchasing 42.47 BTC during a dip below $54,500.

Japan's Metaplanet, dubbed the "MicroStrategy of Japan," has increased its Bitcoin holdings by $2.5M, purchasing 42.47 BTC amidst the dip below $54,500. The investment firm, listed on the Tokyo Stock Exchange, now holds 203.734 Bitcoins, making it the largest corporate holder in Japan. Metaplanet adopted Bitcoin as a strategic treasury reserve asset in response to Japan's economic issues, mirroring MicroStrategy Inc.'s investment approach.

July 08, 2024
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