Bold Shift to Betting Big on Bitcoin

Metaplanet Inc., a Tokyo Stock Exchange-listed company, has recently adopted bitcoin as its strategic treasury reserve asset.

Faced with Japan’s economic challenges, including soaring debt levels and a weakening yen, Metaplanet has changed tactics, aiming to protect investors against currency depreciation and leverage opportunities in capital markets.

The company, once a major player in the commercial real estate market across Asia, has undergone a remarkable transformation.

Originally founded in 1999, the company has a diverse history that includes hotel operations, investment services, and investor relations consultancy.

The COVID-19 pandemic dealt a severe blow to…

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