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Metaplanet Acquires Bitcoin.jp, Launches Subsidiaries in Japan and US
Key Points:* Metaplanet’s Bitcoin-focused operations expand with a new acquisition and subsidiaries.
This move is likely to enhance Metaplanet’s Bitcoin strategy, increasing its market influence and operational transparency in the global Bitcoin ecosystem.
Metaplanet Strengthens Bitcoin Ecosystem with New Subsidiaries
Metaplanet, a prominent player in the cryptocurrency market, announced the purchase of the domain “Bitcoin.jp” and the launch of two subsidiaries in Japan and the US to bolster its Bitcoin operations on September 17th.
The acquisition and business expansion signify Metaplanet’s dedication to enhancing operational transparency and profitability within its Bitcoin-oriented ventures. The focus includes developing Bitcoin.jp, Bitcoin Magazine Japan, and planning the Bitcoin Japan Conference.
Market observers note the company’s aggressive expansion, with CEO Simon Gerovich emphasizing opportunities in the global Bitcoin market. The company continues to position itself as a major Bitcoin holder in Asia, following a trajectory likened to MicroStrategy’s in Western sectors.
Bitcoin Prices Surge Amid Metaplanet’s APAC Strategy
Did you know? In a move reminiscent of MicroStrategy’s influence in the West, Metaplanet aims to increase Bitcoin’s institutional adoption and market credibility across Asia.
According to CoinMarketCap, Bitcoin’s current market cap stands at approximately $2.33 trillion with a 57.48% dominance. It saw a 1.09% increase over 24 hours, and its value has shifted by 11.80% over the past 90 days. The price is $117,139.07 with 19,922,093 BTC in circulation.
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