Metaplanet, a Japanese investment firm often compared to MicroStrategy, has made headlines by increasing its Bitcoin holdings. On October 7, 2024, they announced the acquisition of 108.78 BTC, valued at $6.7 million.
This purchase elevates Metaplanet's total Bitcoin reserves to over 639 BTC, showcasing their strong confidence in the cryptocurrency's potential.
Despite the current fluctuations in Bitcoin price, Metaplanet remains committed to bolstering its digital asset portfolio. This strategy reflects their long-term vision for Bitcoin as a fundamental component of their investment strategy.
