Metaplanet, a Japan-based public company listed on the Tokyo Stock Exchange, is pleased to introduce a new American Depositary Receipts (ADRs) with a ticker $MPJPY. Even Metaplanet has its existing OTC ticker, $MTPLE. The main purpose of this launch is to expand the U.S. Trading debut for investors by holding Bitcoin ($BTC) in the Treasury House.
As per the details, Metaplanet is going to become MicroStrategy after “strategy” by holding Bitcoins. So, it has already caught the maximum attention of users with this act. Users have a strong confidence in it, so every action of Metaplanet determines its next plan for users’ benefits. CryptosRus has released this news through its official X account.
Metaplanet’s ADR Move Hints at a Major Bitcoin Mindset Change
This new step of introducing (ADRs) will provide much help to users for buying Metaplanet more easily without entering into Japanese markets. Moreover, ADRs can be traded through U.S.dollars, which reduces the efforts for converting Dollars into other currencies for buying Metaplanet.
On the other hand, Metaplanet launched ADRs with ticker $MPJPY, even though it already has a native OTC under ticker $MTPLF. It means that Metaplanet has a big idea in its mind that something is going to happen in the near future that will change the total mindset of users for holding Bitcoin.
Metaplanet Bets Big on Bitcoin, Expands Treasury for U.S. Investor
One thing is crystal clear that the future is entirely based on Bitcoin, and this fact is proven by the market inclination toward decentralized finance (DeFi). Because this Bitcoin is also a source of energy that can be carried and used in the form of a portable energy source.
Metaplanet is vigilantly collecting $BTC for becoming a stronger and trusted new strategy that gets first position in the market by holding $BTC with a huge lead. In short, this step expands the Bitcoin ($BTC) treasury for U.S. investors.
Source: https://blockchainreporter.net/metaplanet-expands-bitcoin-empire-with-u-s-trading-debut-for-investors/
