Japanese technology company Metaplanet, Bitcoin $97,120.1 aims to provide quality content and practical crypto guidance to one million Japanese readers by launching a focused magazine.
Japan’s Technological Leadership and Crypto
While Japan is known for its technological innovations such as Walkman, Sony PlayStation and SEGA, Metaplanet now aims to be a pioneer in the crypto industry.
Metaplanet, known as the “MicroStrategy of Japan,” plans to increase its Bitcoin reserves from 1,762 BTC to 10,000 BTC by 2025. The company has seen a 1,700% increase in its share price since it began accumulating.
“Now is the time for the country to channel this expertise and be at the forefront of the Bitcoin revolution.”
– Metaplanet
US-based Capital Group made a significant investment in the company, owning 5% of Metaplanet’s shares. Capital Group is also the second largest shareholder of MicroStrategy, strengthening the bond between the two companies.
“Bitcoin enables individuals to protect their wealth in the face of inflation and financial pressures.”
– Metaplanet
The upcoming magazine will provide actionable information on purchasing, using and securing Bitcoin, as well as highlight developments in the local Bitcoin community.
This move by Metaplanet may enable Japan to take a strong step in education and investment in the field of cryptocurrency. Growing interest in Bitcoin could support the country’s financial stability.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
