Metaplanet adopts Bitcoin as strategic treasury reserve asset
Japanese public company Metaplanet formalizes a Bitcoin-first treasury strategy tied to yen and sovereign-debt risks.
On May 13, 2024, Metaplanet adopts Bitcoin as strategic treasury reserve asset. Japanese public company Metaplanet formalizes a Bitcoin-first treasury strategy tied to yen and sovereign-debt risks.
Metaplanet described a Bitcoin-first treasury policy in response to Japanese monetary conditions. The decision became an early Asian counterpart to the corporate treasury strategy pioneered by MicroStrategy.
It documents the evolution of corporate Bitcoin treasury strategy from simple cash purchases toward recurring capital-markets financing and adoption by companies outside the original Bitcoin industry.