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Japanese Firm Metaplanet Plans to Accumulate 3,000 BTC Over the Next Year

Bitcoin Reddit

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Another publicly traded company is going the Bitcoin standard route, Metaplanet (listed in Tokyo) says it will acquire up to 3,000 BTC over the next 12 months using a mix of cash, bonds, and equity.

They’ve already picked up 141 BTC since April and cite Japan’s debt situation and inflation as key reasons.

Could this be the beginning of wider institutional adoption outside the U.S.? Corporate game theory might be slowly kicking in worldwide.

submitted by /u/Bitter-Entrance1126
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