Metaplanet, a Japanese public company, successfully acquired Bitcoin worth ¥1 billion ($6.8 million). This purchase included 57.273 BTC bought for ¥500 million ($3.4 million) on August 20, leading to a total holding of 360.368 BTC by Metaplanet.
Following the announcement of this significant Bitcoin purchase, Metaplanet’s stock price experienced a 14% surge. The company utilized a ¥1 billion loan to fund this acquisition.
