Japan's Metaplanet has made another significant investment in Bitcoin, purchasing around 108.8 BTC at an average price slightly under 9.2 million yen per coin. This transaction amounts to approximately $6.7 million.
This move underscores Metaplanet's ongoing commitment to expanding their Bitcoin holdings. The company sees potential in Bitcoin's financial prospects, despite its volatile nature. Their continued investment emphasizes a long-term strategic approach to cryptocurrency investment.
Metaplanet's activity could reflect broader investment trends in Japan, where digital currencies are increasingly gaining traction among both institutional and individual investors.
