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 Japan’s Metaplanet makes $7M Bitcoin buy, bringing holdings to $40.5M Cointelegraph 2 weeks ago

Japan’s Metaplanet makes $7M Bitcoin buy, bringing holdings to $40.5M 🇯🇵

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 ↗

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