Metaplanet, a Bitcoin-crazy company from Tokyo, made a huge Bitcoin purchase worth 9.5 billion yen! 🎉 The company closed at an average price of 15,330,073 yen for 619.70 BTC, bringing its total Bitcoin portfolio to 1,761.98 BTC. With this move, they have taken the title of "Asia's MicroStrategy"! 🚀
BTC returns increased by 310%, showing that their strategy is working. They also plan to make a profit for the first time since 2017. They aim to diversify their Bitcoin-focused strategy with new financial instruments.
Do you think this strategy will work in the long run? Let's meet in the comments!