• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, September 17, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

MetaPlanet Expands Bitcoin Holdings with $2.8 Million Purchase

8 July 2024
in Bitcoin, Business, News
Reading Time: 3 mins read
101 8
Home Explore Bitcoin

Japanese investment firm MetaPlanet has significantly increased its Bitcoin (BTC) holdings, purchasing 42.47 BTC for over 400 million yen (approximately $2.8 million USD), according to a press release issued on Monday, July 8, 2024.

This acquisition brings the firm’s total Bitcoin assets to 203.743 BTC, valued at about 2.05 billion yen ($14.4 million USD).

The company reported an average purchase price of around 9.42 million yen per BTC ($66,000 USD) for this latest transaction.

This development follows MetaPlanet’s recent move to acquire over 1 billion yen ($6.26 million USD) worth of Bitcoin through bond issuance. The bonds, approved by the company’s management board, will be issued via EVO FUND with a 0.5% annual interest rate and are set to mature on June 25, 2025.

MetaPlanet’s Bitcoin-centric strategy, announced in in May 2024, is a response to Japan’s challenging economic landscape. The company cited high government debt, long-term negative real interest rates, and a weakening national currency as key factors driving its decision to adopt a Bitcoin-first and Bitcoin-only approach in its treasury management.

This investment strategy comes against the backdrop of Japan’s ongoing economic struggles, characterized by an ageing population, long-term stagnation, and a shrinking workforce. The Japanese yen has recently hit new all-time lows against major currencies like the Euro and US dollar. Local media attributes the yen’s three-year decline primarily to the widening gap between domestic and international interest rates, coupled with a growing trade deficit.

MetaPlanet’s pivot towards Bitcoin highlights a growing trend among Japanese companies seeking alternative stores of value amidst economic uncertainty, potentially signalling a shift in corporate treasury management strategies in the region.

READ MORE: Survey: Over Half of Japanese Investment Managers to Enter Digital Asset Market by 2027

Meanwhile, the company recently announced that it is creating a wholly-owned subsidiary in the British Virgin Islands (BVI) to optimize its Bitcoin-centric financial strategies. The new entity, set to launch in July 2024 with an initial capital of US$10,000, will focus on holding Bitcoins and engaging in Bitcoin-related business activities. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: BTCJapanMetaplanet
Share63Tweet40Share11
Previous Post

Coinbase Users Targeted in Sophisticated Phishing Scams, Losses Mount

Next Post

HashKey Group Announces Q4 2024 Launch for Ethereum Layer-2 Solution, HashKey Chain

Precious James

Precious James

Precious James is a seasoned forex and crypto trader who loves sharing insights through engaging and accessible content. When not analyzing markets, Precious enjoys quality time with their beloved dogs. This blend of expertise and personal passion adds a unique, relatable touch to Defi Planet's content.

Related Posts

Crypto

Fellowship PAC Raises $100M to Influence US Crypto Policy Landscape

16 September 2025
source: trio.dev
DeFi

AnchorNote Innovates Off-Exchange Settlements, Transforming Crypto Finance

16 September 2025
source: scventures.io
Crypto

SC Ventures to Launch $250M Digital Asset Fund Backed by Middle Eastern Investors

16 September 2025
Crypto

Next Technology Holding Plans $500M Stock Sale to Expand Bitcoin Treasury Holdings

16 September 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

From Rice Fields to Blockchain: Is Vietnam Becoming Asia’s New Crypto Hub?

3 days ago

Your Weekend Crypto Roundup | September 2025 (Week 2)

4 days ago

Why Are Crypto ATM Limits and Bans Surging Across the U.S?

5 days ago

Crypto Bug Bounties: How to Get Started

5 days ago

El Salvador’s Big Bitcoin Bet: Closing in on $1 Billion?

6 days ago

$312B Laundered: The Silent Truth Fiat Hides from Crypto’s Critics

6 days ago
Read More

Events

Korea Blockchain Week 2025
Korea Blockchain Week 2025
22 Sep 25
Seoul
Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Ozak AI Partners with Pyth Network to Deliver Real-Time Market Data Across 100+ Blockchains

bychainwire
16 September 2025
0

Zircuit Launches $495K Grants Program to Accelerate Web3 Super Apps

bychainwire
16 September 2025
0

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M as Phase 6 Reaches 40%

bychainwire
16 September 2025
0

Kintsu Launches sHYPE on Hyperliquid

bychainwire
16 September 2025
0

sdfsdfsdsdsddfsdf sdf sdfs d

bychainwire
16 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00