Metaplanet Doubles Down on Bitcoin: 775 BTC Acquisition Sparks Bullish Speculation
Metaplanet, a firm listed in Tokyo, continues to grow its Bitcoin treasury. The company recently purchased 775 BTC, increasing its total holdings to an impressive 18888 BTC valued at approximately $2 billion. Despite Bitcoin’s recent dip to around $115500, shares in Metaplanet rose 4%, a clear indication of investor confidence.
This acquisition showcases Metaplanet’s commitment to the Bitcoin ecosystem. Investors should pay attention as it may signal further bullish activity. The increasing holdings can contribute to a sense of market stability and influence Bitcoin’s future price trajectory.