Metaplanet and El Salvador Buy Bitcoin Despite Market Dip

Despite a recent decline in Bitcoin’s price, both Metaplanet and El Salvador have increased their holdings of the cryptocurrency. The Japanese investment firm Metaplanet acquired 135 BTC worth $13 million at an average price of $96,185 per coin, while El Salvador added 7 BTC to its reserves, around $94,050 per coin. This move comes just before Bitcoin’s value plummeted below the $91,000 mark in early February and is now trading near $89,000. Investor sentiment has reached lows not seen for over five months.