Metaplanet Bolsters Bitcoin Holdings with $67 Million Investment
Japan’s Metaplanet has made a significant move in the cryptocurrency market by acquiring 696 BTC for approximately 10.152 billion yen, which equates to $67 million. This timely investment expands Metaplanet’s total Bitcoin portfolio to 4,046 BTC, currently valued at over $341 million. The announcement made on April 1 indicates strategic growth in Bitcoin holdings, reflecting the company’s commitment to harnessing the power of cryptocurrency. This move highlights an ongoing trend where corporations are increasingly viewing Bitcoin as a valuable asset.