Metaplanet Doubles Down on Bitcoin: Acquires $12.9 Million Worth in New Investment

Tokyo-based investment firm Metaplanet has made another significant move in the cryptocurrency market, purchasing an additional 135 Bitcoin for a total of $12.9 million. This latest addition brings their holdings to over 2,200 BTC, marking a substantial increase from the 1,761 BTC they held at year-end 2023 and the 141 BTC owned in June 2024. This investment follows Metaplanet’s long-term strategy of accumulating Bitcoin, which was first outlined in April and formally designated as a core business line in December.