Metaplanet, notably the largest corporate Bitcoin holder in Asia, has boosted its Bitcoin holdings by acquiring an additional 156 BTC. This purchase elevated their cumulative Bitcoin ownership to over 1,000 BTC. Following this strategic investment, the company's stock witnessed a 6.06% increase.
In October 2023, Metaplanet reported an impressive 116% yield on its Bitcoin holdings. This achievement is indicative of the company's effective cryptocurrency management strategies, contributing to its solid position in the market.
Furthermore, Metaplanet successfully raised 10 billion Yen through Stock Acquisition Rights, showcasing its robust capital-raising capabilities. On another front, Microsoft has expressed interest in venturing into Bitcoin investments, though this move is contingent upon receiving shareholder approval.
