Bitcoin Japan, a subsidiary of Japanese firm Metaplanet, has announced plans to accumulate Bitcoin as part of a new crypto treasury strategy, even as broader markets face a downturn. The move extends Metaplanet's established approach of using corporate reserves to acquire digital assets, positioning the subsidiary to continue purchases through periods of price weakness. Metaplanet has become one of the most prominent corporate Bitcoin holders in Asia, frequently drawing comparisons to other treasury-focused companies pursuing similar accumulation strategies. By launching a dedicated treasury vehicle under Bitcoin Japan, the company signals its intent to expand its exposure regardless of short-term market conditions. The timing of the announcement, coming during a period of declining prices, underscores the firm's long-term conviction in Bitcoin as a reserve asset. Further details on the scale and pace of planned acquisitions were not immediately specified.


Read the original article →

— Sponsored —

Trade smarter on BYDFI

Get a bonus on your first deposit — from $50 at $100, up to $2,000 at $20k. 200x leverage, 600+ perpetuals, deep liquidity.

Claim your bonus →