Japanese investment firm Metaplanet has recently made a significant investment by purchasing over 200 Bitcoin. This move has involved a total expenditure of $7 million, which consequently increases Metaplanet's Bitcoin holdings to a noteworthy $40.5 million.
This acquisition exemplifies Metaplanet's strategic approach towards cryptocurrency investment, showing confidence in Bitcoin's potential for future growth.
The firm's increasing involvement in the cryptocurrency market aligns with a global trend among institutional investors seeking to diversify their asset portfolios with digital currencies.
Source: cointelegraph.com ↗