Japan Metaplanet Joins the Bitcoin Trend With a $6.5 Million Investment
Meta planet, the publicly listed Japanese investment firm that has a focus on Web3 and
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metaverse portfolio ventures, has made a move that clearly undermined the growing adoption of cryptocurrencies in the mainstream world of finance.
The firm specifically stated that they will add Bitcoin as a permanent asset in the treasury, the investor will get 1 billion yen (approximately $6.5 million). By this step of the way Metaplanet company became one of those that revolutionize modern world’s finance by adoption the strategy pioneered by MicroStrategy in America, thus showing high trust to the potential of bitcoin as a reserve assets.
Metaplanet’s bold Bitcoin strategy
Metaplanet’s diversification, drawing on its resources from digital assets especially the Bitcoin, has been furthered by the support of various prominent individuals and groups from investment and cryptocurrency sectors.
Sowa Labs has already captured the attention of strategic contributors such as Sora Ventures, UTXO Management, and Mr. Mark Yusko, a founder of Morgan Creek Capital as well as Mr. Jack Liu, a founding member of Ordiswap.
The company’s announcement in social media’s X platform previously known as Twitter emphasized digital innovation as “A pioneer step to disclose the unknown gap between classical and Digital finance.
Today, we're thrilled to announce a groundbreaking shift in our financial strategy, as we embrace Bitcoin as the core treasury asset of the Company going forward by committing an initial JPY 1 billion. This strategic pivot is not just about embracing digital assets but also about… pic.twitter.com/OASxj9IBPG
