Japanese MicroStrategy Rides Bitcoin Hype. Will Top Presale BTC Bull Follow?
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Este artículo también está disponible en español. Several companies in Japan are staking their future on Bitcoin ($BTC) and are buying up more of the digital currency. These include a former hotel developer, a software development company, and a mobile game studio. But what’s driving them to spend billions of yen on $BTC? We’ll discuss these and more in today’s article. Plus, we’ll find out why meme coins are also following suit in their optimism for $BTC’s future. If you’re an investor betting on the cryptocurrency’s growth, you can check out BTC Bull Token ($BTCBULL). It’s currently one of the best presales in the market, which brings together $BTC believers to leverage its rise beyond $100K. Why Is Japan Riding the $BTC Wave? Japanese firm Metaplanet Inc. saw its stock value rise by a whopping 4,056% over the past year after adopting a ‘Bitcoin-first’ strategy. Its CEO Simon Gerovich revealed that he modeled this approach after hearing about Michael Saylor’s MicroStrategy crypto plans on a podcast. Saylor’s company has since amassed $BTCs worth $45B. Metaplanet’s strategy has since drawn in more investors to the company, adding 50K more shareholders during the same period. Metaplanet isn’t the only Japanese company investing heavily in $BTC. Software developer Remixpoint Inc. said in September last year that it would invest ¥1.2B in $BTC, leading to a 300% surge in its stock price. That same company acquired 31.27 more Bitcoins in January. Meanwhile, Tokyo-based mobile game studio Gumi announced its plans to acquire ¥1B worth of $BTC over the next three months beginning this February Aside from depending on the appreciation of the cryptocurrency’s value, the company also wants to earn staking-related income from its investment. There are several reasons why some Japanese companies are buying up $BTC. For one, the US government has taken…
Filed under: News - @ February 12, 2025 12:19 pm