Bitcoins
- Japanese tech company Metaplanet is launching a Bitcoin-focused magazine aimed at educating one million Japanese readers with high-quality content and practical cryptocurrency guidance.
- Known as the “Japanese MicroStrategy”, Metaplanet has set an ambitious goal to increase its Bitcoin holdings from 1,762 to 10,000 BTC by 2025, having already seen its share price surge 1,700% since beginning accumulation.
- The company has attracted significant investment from Capital Group, which owns 5% of Metaplanet and is also the second-largest shareholder in MicroStrategy, strengthening the parallel between the two companies.
Japanese Bitcoin visionary Metaplanet is expanding its reach in crypto with the launch of a Bitcoin magazine. The company announced their plans on platform X, saying they aim to “Educate, Inspire, and Empower 1 Million Japanese”.
Related: Chainalysis Joins Forces with AI-Powered Alterya, Doubles Down on Illicit Actors
Japan has a long history of embracing technology, think iconic things like the Walkman, the Sony PlayStation, SEGA and many other technological breakthroughs. Metaplant said in a statement that it now wants Japan to take a leadership role in the crypto sector.
“Now, it’s time for the country to channel that expertise and take its rightful place at the forefront of the Bitcoin revolution.”
Metaplanet
Japan, which has been struggling with deflation and “low-yield investment opportunities”, needs a way to preserve and grow value, according to Metaplanet, and they believe Bitcoin can deliver on that.
In a world of inflation, financial repression, and centralized control, Bitcoin empowers individuals to protect and control their wealth.
Metaplanet
Metaplanet said the publication would offer “high-quality content”, “actionable insights” on where to buy, use and how to secure BTC, as well as “community Spotlights”, which will shine a light on what’s happening in the local Bitcoin community.
Japan’s MicroStrategy Aims for Ambitious Goal
The company is often called the Japanese MicroStrategy, as it looks to emulate MSTR’s Bitcoin buying strategy. Recently Metaplanet revealed its ambitious plans for 2025: expand their Bitcoin holdings to 10,000 BTC.
To date the company holds 1,762 BTC and has started accumulating the “digital gold” in April 2024, since then the share price of Metaplanet Inc has gone up over 1,700%.
Related: Michael Saylor Champions Bitcoin as Superior to ‘Toxic’ Bonds in Corporate Strategy Shift
Metaplanet is partially owned by the US-based Capital Group, which recently acquired a 5% stake. Founded in 1934 by businessman and football coach Jonathan Bell Lovelace, the financial services company is one of the world’s largest and oldest investment managers with over US$2.6 trillion (AU$4.2 trillion) in assets under management.
Capital Group is the second-largest shareholder of MicroStrategy, and now the third-largest of Metaplanet.
Aaron Feuerstein Read More