Metaplanet KK (JP:3350) has released an update.
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Metaplanet Inc. has announced the launch of a new business line focusing on Bitcoin Treasury operations as part of its strategy to counteract the weakening yen and capitalize on Bitcoin’s recent surge past $100,000. This initiative will see Metaplanet leveraging a variety of financial instruments to expand its Bitcoin holdings and generate revenue through Bitcoin-related activities, including the publication of Bitcoin Magazine Japan. By integrating Bitcoin operations with its existing hotel business, Metaplanet aims to solidify its leadership in Japan’s Bitcoin ecosystem.
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