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Metaplanet Acquires Additional ¥1 Billion in Bitcoin, Expanding Holdings to 506 BTC Blockonomi 01 Oct 2024

Metaplanet Acquires Additional ¥1 Billion in Bitcoin, Expanding Holdings to 506 BTC 🇯🇵

Japan Bitcoin Metaplanet

Tokyo-based investment firm Metaplanet recently acquired 107.913 Bitcoin, valued at ¥1 billion ($7 million). With this purchase, the company now holds approximately 506 BTC, worth $32 million.

Despite market fluctuations, Metaplanet continues to invest in Bitcoin monthly.

The firm sees Bitcoin as a strategic treasury reserve asset, contributing to a 495% year-to-date increase in its stock value.

Source: blockonomi.com ↗

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