Metaplanet Acquires Bitcoin Magazine Rights to Operate in Japan
A Japanese investment behemoth Metaplanet has recently entered a partnership with Bitcoin Magazine by signing a Memorandum of Understanding (MoU) that is envisaged to lead to expansion of the said magazine in Japan. A strategic collaboration announced on Friday at the Bitcoin Conference in Nashville, Tennessee has given Metaplanet the desired power. The exclusive rights shall be regarded with it to bring out Bitcoin Magazine Japan.
Japanese Investment Giant Metaplanet Expands into Japanese Market
“Bitcoin Magazine MOU is an indicator of the localization process, we are in. We put strong emphasis on delivering personalized solutions for the Japanese Bitcoin community on the basis of their particular needs and preferences” said Metaplanet. The said development is expected to combine the publication’s widespread coverage with the exploration of an unexplored segment of the market, which will catalyze the country’s support and understanding of Bitcoin.
Strategic Partnership to Leverage Untapped Market
Having the number of them reaching 500,000, Japan remains the main market for crypto trading, which is the main cryptocurrency in Asia. It is the host of a conducive system for all of the players in it who come to the place, reason being it creates an enabling environment for the Bitcoin Magazine’s expansion to that place.
Japan’s Supportive Ecosystem for Bitcoin
Since their successful acquisition, through the accumulation of 20.38 BTC amounting to the US $1.2 million, Metaplanet have been acquired. Accruing of new digital currencies is the fourth such action company has undertaken in the month of July, respectively, to reinforce its intentions of staying rooted in the crypto realm.
Metaplanet Boosts Bitcoin Portfolio
The aim of the acquisition is to bolster the adoption of Bitcoin as one of the ways of doing business in other existing and emerging corporate objectives by Metaplanet. In so doing, they would extend Bitcoin’s influence in Japan through the medium of education and high-quality journalism.
Enhancing Bitcoin Community Through Education and Journalism
“I ought to say that Bitcoin Magazine, which is the oldest and the most established of all Bitcoin brands, feels very privileged to enter the Japanese market through this collaboration with the avant-garde entity we are,” Mike Germano, President of the magazine publication said in an interview.
Collaboration with Bitcoin Magazine
In February, Bitcoin Magazine initiated a partnership with White Rock Management that enabled setting up an office in Switzerland. And this move was the magazine’s entrance into the European expansion.
Previous Expansion into Switzerland
To this end, Bitcoin Magazine plans to reinforce its news coverage in Japan through interviews and publications dedicates to prominent Japanese Bitcoin figures. Moreover, the publication also intends to expand the print edition and live events.
Advancing News Coverage and Publications
In addition, Bitcoin Magazine has recently come up with a novel product, Bitcoin Magazine Pro, that delivers real-time data and market-informing chart intelligence. In their partnership with Look Into Bitcoin, this initiative aims at providing useful ideas for the cryptocurrency community.
Launch of Bitcoin Magazine Pro
If everything goes as it is now, Metaplanet will own Bitcoin Magazine and help them make a great impact on the Japanese Bitcoin market, which will lead to the development and education of the cryptocurrency market as it progresses very fast.
