Metaplanet Acquires $130 Million in Bitcoin, Surpassing El Salvador
Metaplanet, a Tokyo-listed company, has made headlines by increasing its Bitcoin reserves by nearly $130 million. This strategic move positions Metaplanet as one of the largest Bitcoin holders globally, surpassing the Central American nation of El Salvador. Following the latest purchase, its Bitcoin balance now stands at 6,796 coins, just above El Salvador’s 6,714. As institutional interest in cryptocurrency rises, Metaplanet’s substantial investment could indicate further positive developments for Bitcoin’s overall market perception.