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Japan's Answer to MicroStrategy Buys Up Millions More in Bitcoin Decrypt 07 Oct 2024

Japan's Answer to MicroStrategy Buys Up Millions More in Bitcoin 🇯🇵

Metaplanet, a public corporation based in Japan, is emulating the Bitcoin strategy of U.S.-based MicroStrategy by increasing its Bitcoin reserves. The company has announced the acquisition of additional Bitcoin, signaling its commitment to the cryptocurrency.

This move aligns with a growing trend among companies looking to bolster their financial reserves with Bitcoin, considering it a strategic long-term asset. Metaplanet's actions reflect a larger global interest in incorporating cryptocurrencies into mainstream corporate strategies.

Source: decrypt.co ↗

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