Metaplanet Acquires $93 Million Worth of Bitcoin, Bolsters Treasury

Metaplanet, a Japanese publicly traded company, has purchased 775 Bitcoin (BTC) for approximately $93 million, further cementing its position as Japan’s leading corporate BTC holder. This strategic move significantly enhances the company’s treasury and reflects a broader trend of institutional adoption of Bitcoin across Asia. The purchase was led by Metaplanet’s Director of Bitcoin Strategy, Dylan LeClair, who mirrors MicroStrategy’s approach to financial diversification.