THIS JAPANESE GIANT BOUGHT RECENT $BTC DIP đ€Ż But Why? đ
Metaplanet, a billionaire Japanese company, has been silently purchasing BTC during the recent dip! In fact, it accumulated an extra 60 Bitcoins, accounting now a total of 360 BTC (worth $21.6 Million). But why did this company decide to expose itself to BTC? Before answering to this question, Please Vote on my Profile đ Your Support Is Massively Appreciated!
Metaplanet is accumulating Bitcoin because the Japanese yen is getting weaker! BTC act as an hedge (protection) against the yen devaluation. As you know better than me, Bitcoin is a store of value and it is currently one of the top alternatives for safeguarding companies' financial resources (after gold). In my opinion, that's a strategic decision that mostlikely will positively impact on the long term financial stability and growth of Metaplanet!
Did You Buy The Dip Recently? đ€ What Coins Did You Accumulate? Let Me Know In Comments!
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