The Next MicroStrategy? This Japanese Public Company Is Buying Bitcoin

📆 13.04.2024 00:05:00
📰 BitcoinMagazine

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 53%

Business Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Japanese public company Metaplanet is purchasing $6.5 million in Bitcoin for its corporate treasury, mimicking MicroStrategy's BTC accumulation strategy.

Japanese firm Metaplanet announced it is purchasing 1 billion yen worth of Bitcoin as part of its corporate treasury strategy, a move that mimics

By adopting a Bitcoin treasury reserve similar to MicroStrategy, Metaplanet aims to benefit from Bitcoin's upside while mitigating risks. MicroStrategy has pioneered the corporate Bitcoin treasury strategy, buying over $6 billion worth of BTC since 2020.The move also provides Japanese investors indirect Bitcoin exposure without high unrealized gains taxes, which can reach 55% in Japan. Metaplanet's Bitcoin funds will be held in a tax-advantaged structure only accessible by the company.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Michael Saylor Makes Big Bitcoin Statement as Market Uncertainty LoomsMicroStrategy Chairman Michael Saylor makes profound Bitcoin statement
Herkunft: Utoday_en - 🏆 295. / 63 Weiterlesen »