Japanese publicly listed company Metaplanet has officially launched Bitcoin Treasury operations as a new business line. The move, approved by the board of directors, is part of their larger strategy to integrate Bitcoin into the company’s financial framework. 🎉
- Metaplanet will focus on buying, storing, and managing Bitcoin through financial instruments such as loans and convertible bonds.
- The company will also sell Bitcoin put options to capitalize on the asset’s volatility for additional revenue.
- With an exclusive license for Bitcoin Magazine Japan, Metaplanet plans to create new revenue streams through marketing and educational initiatives related to BTC.
Metaplanet hopes to be a pioneer in the Japanese crypto ecosystem. Let us know what you think about this bold move in the comments!