Metaplanet, a renowned investment firm based in Tokyo, has recently increased its Bitcoin reserves by acquiring an additional 57.273 BTC. This purchase is valued at approximately $3.4 million.
With this acquisition, Metaplanet's total Bitcoin holdings now stand at 360.368 BTC. The move comes despite a currently sluggish market for Bitcoin, indicating the firm's strong belief in the cryptocurrency's future potential.
This strategic accumulation is in line with Metaplanet's ongoing investment strategy, aiming to capitalize on future market movements.
The news was initially reported by COINOTAG NEWS, highlighting the firm's continued confidence in Bitcoin as a long-term asset.
