The Japanese investment firm Metaplanet has purchased an additional 107.913 Bitcoin, significantly increasing its cryptocurrency holdings. This acquisition cost the firm ¥1 billion, equivalent to $6.9 million. Metaplanet bought the Bitcoin at an average cost of ¥9.26 million ($64,168) per BTC, underscoring the company's growing interest in digital assets.
The latest investment has notably boosted Metaplanet's overall Bitcoin stash, reflecting a strategic move to enhance its digital asset portfolio. Such investments indicate the firm's belief in the long-term value and potential of cryptocurrencies, particularly Bitcoin.
Source: www.thecoinrepublic.com ↗
