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Metaplanet Surpasses Trump Media, Securing Sixth Place Among Corporate Bitcoin Holders

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by Giorgi Kostiuk

2 hours ago

Japan's Metaplanet has officially become the sixth-largest corporate holder of Bitcoin, amassing 18,113 BTC and surpassing Trump Media.

Metaplanet's Position in the Bitcoin Market

Metaplanet has surpassed Trump Media & Technology Group in Bitcoin holdings, allowing the company to take a leading role in the corporate Bitcoin market.

Bitcoin Adoption in Japan

Metaplanet's decision highlights the growing interest of Japanese companies in Bitcoin. After a period of caution, Japanese firms are beginning to view Bitcoin as a reliable treasury strategy.

Market Impact and Bitcoin's Future

As companies like Metaplanet increase their Bitcoin holdings, other Asian firms may follow suit. Corporate accumulation of Bitcoin reduces supply in the market, potentially leading to price appreciation.

The increasing corporate holdings of Bitcoin, as demonstrated by Metaplanet, indicate a rise in institutional acceptance of Bitcoin as an asset. This development could prompt further investments in Bitcoin across Asia.

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