A company in Japan, where there have been positive developments in the field of crypto money recently, started to follow MicroStrategy’s footsteps and purchased Bitcoin. A company called Metaplanet, which operates on Metaverse and Web3, purchased $6.5 million worth of Bitcoin.
“Today, we are pleased to announce that we have made a major change in our financial strategy and have chosen Bitcoin as our main asset,” the company said in a statement. Among the companies and individual investors who supported and participated in the purchase are Sora Ventures, UTXO Management and Mark Yusko, who are well known in the cryptocurrency world.
Jason Fang, founder of Sora Ventures, described the Metaplanet company as “Asia’s first MicroStrategy” and said, “It is a development that will increase the investments of Japanese citizens in Bitcoin.”
Michael Saylor, the founder of MicroStrategy, has said in many of his previous statements that companies and countries should also buy Bitcoin as a protection strategy. Saylor also said that Elon Musk convinced him to buy Bitcoin.
It was also noteworthy that the company’s shares increased by more than 90 percent after the Japanese company’s announcement.
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Source: https://uzmancoin.com/metaplanet-bitcoin-kripto-web3/
