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Metaplanet started buying BTC in April this year as a hedge against Japan’s debt issues and volatility in the yen. Since then, it has accumulated 1,018 BTC worth $92.33 million, according to data source Bitcoin Treasuries. The company has also used options strategies to boost its holdings.
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Metaplanet Follows MSTR’s Lead, Announces Debt Sale for Additional Bitcoin (BTC) Purchases
