Metaplanet, a public company based in Japan, has significantly increased its Bitcoin holdings by purchasing an additional 124 Bitcoins. This acquisition pushes the company's total Bitcoin assets to over 1,142 BTC.
The acquisition is part of a broader strategic move aimed at enhancing Metaplanet's portfolio. With the newly added Bitcoins, the company's total Bitcoin holdings are now valued at approximately 11.37 billion Japanese yen.
This strategic decision has positively influenced investor sentiment, resulting in a notable 15% increase in Metaplanet's stock market value. The move highlights the growing trend of corporations investing in cryptocurrencies to diversify and add value to their portfolios.
