According to Foresight News, Metaplanet, a publicly traded company in Japan, has announced that it has adopted Bitcoin as its strategic reserve asset. This move is aimed at strengthening the company's balance sheet and protecting against the permanent depreciation of the yen. It also positions Metaplanet as a global investment tool focused on Bitcoin.
Metaplanet is involved in hotel development and operations. In addition to this, the company also ventures into various other fields such as IR and Web3 consulting, real estate development, investment, and distribution businesses.