Summary
- Metaplanet, a publicly-traded company in Japan, has invested a significant amount of money in Bitcoin, totaling 161.2677 Bitcoins in its account.
- Japan’s high debt and yen volatility have prompted companies like Metaplanet to turn to Bitcoin as a way to manage risks.
- The company plans to raise more funds to buy additional Bitcoin, following the trend of U.S. companies investing in cryptocurrencies.
- Other companies in Japan’s tech sector, like Sony, are also showing interest in cryptocurrencies, indicating a growing corporate interest in the country.
