Japanese MicroStrategy Becomes One of Largest Corporate Bitcoin Holders in Asia

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1 year ago

Tokyo-based early-stage investment firm Metaplanet now holds more than 1,000 Bitcoins. 


According to CEO Simon Gerovich, this makes it one of the largest corporate holders of the leading cryptocurrency in Asia.  



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Recently, the company announced yet another purchase of 156.78 BTC.


Earlier this month, the company announced the MicroStrategy-like "BTC Yield" metric, which makes it possible to showcase what impact Bitcoin purchases have on shareholder returns. 



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In other news, MicroStrategy recently appeared among the most-traded stocks, surpassing such "Magnificent 7" heavy hitters as Amazon. 


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