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Metaplanet has added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, totaling ¥1.886 billion ($12.1 million). According to Metaplanet’s Mar. 24 official statement, this brings its total Bitcoin (BTC) holdings to 3,350 BTC, purchased at an overall cost of ¥42.22 billion ($270 million), averaging ¥12.60 million ($80,200) per … Read more
Prophecies that the U.S. dollar will lose its status as the world’s dominant currency have echoed for decades—and are increasing in volume. Cryptocurrency enthusiasts claim that Bitcoin or other blockchain-based monetary units will replace the dollar. Foreign policy hawks warn that China’s renminbi poses a lethal threat to the greenback. And sound money zealots predict … Read more
Metaplanet has established a Strategic Board of Advisors and named Eric Trump as its first member to help drive Bitcoin adoption. Japanese investment firm Metaplanet has launched a new advisory board and brought in Eric Trump as its first member, saying the move is part of its push to expand in the Bitcoin (BTC) space … Read more
Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Shares of the largest Japanese trading houses rallied on Tuesday after Warren Buffet’s Berkshire Hathaway raised its stakes in them overnight. The 94-year-old investor’s holding company raised its holdings in five … Read more
The Cabinet of Japan has green lit a proposal to amend the Payment Services Act, which would ease regulations for stablecoins and crypto brokerages. According to a press release issued by the country’s Financial Services Agency, the bill has already been approved by the Cabinet and was submitted to the National Diet on the same … Read more
Faced with an aging population and labor shortages, Japanese businesses are increasingly relying on service robots to supplement their workforce, according to Bloomberg. Research firm Fuji Keizai projects the country’s service robot market to nearly triple by 2030, to ¥400 billion ($2.7 billion). Potentially driving that growth: The Recruit Works Institute projects that the country … Read more
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s inflation rate in January climbed to 4%, hitting its highest level since January 2023. Core inflation — which excludes prices of fresh food — rose to 3.2%, beating economists’ expectations of … Read more
Metaplanet, the Japan-based venture capital firm, has announced acquiring around 270 Bitcoins for $25.8 million. This new purchase takes the company’s BTC stash to a total of 2031. The company is targeting 10,000 BTC in 2025. Metaplanet has followed Strategy’s (formerly known as MicroStrategy) Bitcoin investment strategy closely. On 17 February 2025, Metaplanet, also known … Read more
Figures for October-December were more upbeat—quarter-on-quarter growth accelerated to 0.7% from 0.4% in the July-September period. Read More
Commercial and residential buildings at dusk in the Minato district of Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Japan’s economic expansion in the fourth quarter beat analysts’ expectations for quarter-on-quarter and annualized growth, boosted by a jump in exports, preliminary government data showed Monday. GDP grew 0.7% quarter on quarter, more than the 0.3% … Read more
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