Japan's Metaplanet has expanded its cryptocurrency investments by purchasing an additional 108.786 bitcoins. This acquisition is valued at approximately $6.7 million, based on the current market prices for bitcoin.
With this latest purchase, Metaplanet's total bitcoin holdings have exceeded $40 million. This strategic move underscores the company's confidence in the potential and future value of bitcoin as part of its financial portfolio.
Metaplanet, listed on the Tokyo Stock Exchange, continues to increase its stake in cryptocurrencies, highlighting its commitment to diversifying investments in the digital asset space.
Source : www.theblockcrypto.com ↗
