Japan's 'MetaPlanet' Officially Launches New Bitcoin Financial Management Business

Source
Uk Jin

Summary

  • MetaPlanet announced that it is officially launching a new financial management business with Bitcoin as a major asset.
  • The company will formally conduct the accumulation and management of Bitcoin as a business, and plans to purchase and hold Bitcoin through means such as loans, stocks, and convertible bonds.
  • The operating profit for 2023 is estimated to be approximately 270 million yen, marking the first operating profit since 2017.
Image=MetaPlanet X Capture
Image=MetaPlanet X Capture

MetaPlanet, nicknamed the Japanese version of MicroStrategy for adopting a strategy of incorporating Bitcoin (BTC) as a major asset, is launching a new business utilizing Bitcoin.

On the 18th, MetaPlanet announced via X (Twitter) that it is officially adding "Bitcoin financial management" as a new business.

According to a letter from a MetaPlanet official, the company will formally conduct the accumulation and management of Bitcoin as a business. Additionally, it plans to efficiently purchase and hold Bitcoin through means such as loans, stocks, and convertible bonds.

Meanwhile, MetaPlanet achieved its first fiscal year operating profit since 2017 this year, after starting to purchase Bitcoin. According to documents released by MetaPlanet, this year's operating profit is estimated to be approximately 270 million yen.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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