Japanese Listed Company Metaplanet "Raised $6.58 Million BTC...Aiming for Asian Version of MSTR"
Tokyo Stock Exchange-listed MetaPlanet has announced that it is benchmarking itself to the Asian version of MicroStrategy and has made Bitcoin its primary asset, according to crypto news outlet UBlockchain. Metaplanet said it has raised 1 billion yen ($6.58 million) from Morgan Creek Capital Management CEO Mark Yusko, Sora Ventures, UTXO Management, and others, and has used all of it to buy Bitcoin. "With the change in MetaPlanet's financial strategy, Japanese users will be able to indirectly invest in BTC by simply purchasing MetaPlanet shares," Sora Ventures emphasized.