Metaplanet, a Japanese company, has increased its Bitcoin holdings by acquiring 108.78 Bitcoin tokens valued at approximately $6.7 million. The acquisition reveals the company's optimism towards Bitcoin despite its volatile price movements in the market.
The purchase cost averages ¥9,192,359 per Bitcoin, approximately equivalent to the reported $6.7 million investment
With this addition, Metaplanet's total Bitcoin holdings stand at 639.503 tokens, further indicating their significant investment in the cryptocurrency's future potential
.This move highlights Metaplanet's strategy and confidence in the long-term potential of Bitcoin as an investment amid recent market fluctuations
.
