‘Asia’s MicroStrategy’ Metaplanet Scoops More Bitcoin: Assessing Market Impact

Celebrated as “Asia’s MicroStrategy,” Metaplanet has confirmed a ¥500 million (about $3.4 million) Bitcoin purchase. Reflecting a steadfast belief in Bitcoin’s potential as a treasury reserve asset, the Japanese public company’s recent purchase, spearheaded by Simon Gerovich, Metaplanet’s CEO, solidifies its position as a major player in the cryptocurrency investment landscape. Metaplanet’s... source: https://www.thecoinrepublic.com/2024/08/13/asias-microstrategy-metaplanet-scoops-more-bitcoin-assessing-market-impact/