In the midst of recent turmoil and concerns about a potential economic downturn, the public companies, Strategy and Metaplanet, are increasing their investments in Bitcoin. Strategy has purchased Bitcoin valued at $285 million, while Metaplanet has spent $26.3 million on the cryptocurrency.

Metaplanet's actions are notable as Japan's 30-year treasury yields are on the rise. Typically, Japanese public companies retreat from the dollar when faced with such economic conditions, making the decision to invest in Bitcoin a bold move.

Strategy, previously known as MicroStrategy, is a major holder of Bitcoin globally and has been experiencing a period of uncertainty. Despite fluctuations in recent weeks, with significant Bitcoin acquisitions followed by sudden pauses in acquisitions, the company has announced a substantial new Bitcoin purchase of $285 million. This move was confirmed by the company's chairman, Michael Saylor, who revealed the details via social media.

Metaplanet, a Japanese firm with significant Bitcoin holdings, has also demonstrated its commitment to acquiring more Bitcoin by making a similar investment shortly before Strategy's purchase announcement. Despite the prevailing risk-averse market behavior and the surge in Japan's 30-year bond yields, Metaplanet remains resolute in its Bitcoin investments, which have also positively affected the company's stock market performance.

In conclusion, leading corporate entities like Strategy and Metaplanet are confident in the future of Bitcoin, whether in terms of price appreciation or as a reliable store of value. Their continued bullish stance on Bitcoin can help boost overall market confidence.