Metaplanet plans to rename Tokyo Gotanda Royal Oak Hotel as a 'Bitcoin Hotel' this year

Odaily Daily News: Metaplanet is a Japanese listed company that imitates Strategy's Bitcoin strategy. The company announced plans to rename the remaining Royal Oak Hotel in Gotanda, Tokyo as "The Bitcoin Hotel" this year for hosting Bitcoin related seminars and events. Storm Research analyst Rhiannon Ewart White stated that although Metaplanet's Bitcoin acquisition is supported by its hotel business, the scale of the related business is extremely small (although profitable). She warned that if Bitcoin prices plummet, the company may face severe challenges. （Bloomberg）