Why Japanese giants Sony and Metaplanet entered the Crypto field in a high-profile manner
The moves by Sony and Metaplanet indicate growing adoption of Crypto assets in Japan.
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東証S上場のメタプラネット、ビットコイン購入発表で株価急騰
10/04 06:31
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Japanese investment advisory firm Metaplanet continues to increase its Bitcoin holdings
The Japanese investment advisor said it acquired more than 20.2 BTC.
JinseFinanceBuild on Bitcoin: The ultimate Bitcoin playground
Building on Bitcoin is a platform that expands the overall functionality and utility of the Bitcoin network. Currently, the Bitcoin network lack the infrastructure to process million of daily transactions efficiently. Bitcoin also does not have the same capabilities as Ethereal regarding deploying smart contracts and creating applications. Therefore, programs like this are pushing towards a future where bitcoin can adopt programmability and thrive as a productive asset on-chain.
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Metaplanet's shares soared 158% after adopting a Bitcoin investment strategy, mirroring MicroStrategy, amid Japan's economic pressures and yen devaluation.
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It would be a misunderstanding of Bitcoin’s history to think that it was the idealism of cypherpunkism that spawned the Bitcoin movement.
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The Real Correlation Between Bitcoin and Wall Street
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Signs pointing to Bitcoin’s steady maturity and growth in the crypto space and beyond are undeniable, making a case for the cryptocurrency being the ultimate digital reserve asset.
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Cointelegraph