Metaplanet Boosts Bitcoin Holdings With $13 Million Purchase
Metaplanet has made headlines by acquiring an additional 160 BTC for $13.3 million, boosting its total Bitcoin holdings to 4,206. This strategic purchase elevates its position as Asia’s largest and the ninth-largest corporate holder of Bitcoin, with an impressive total valuation of $356.2 million. As major players in the cryptocurrency space continue to accumulate assets, Metaplanet’s actions signal confidence in Bitcoin’s long-term potential. The companyโs aggressive move in the market highlights a trend of increasing institutional interest in digital currencies, as more corporations recognize Bitcoin’s role in portfolio diversification.