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Caroline Amosun

Metaplanet CEO on Feb. 28: Daido to buy up to ¥1 billion Bitcoin as treasuries spread

On Feb. 28, Metaplanet CEO Simon Gerovich said the era of Bitcoin treasuries is spreading after news that Daido Limited plans to add Bitcoin to its balance sheet. The 147-year-old listed company disclosed it may buy up to ¥1 billion in Bitcoin as a treasury hedge against inflation and potential depreciation of the Japanese yen.
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