Metaplanet Bolsters Bitcoin Holdings to Over $400 Million with New Investment

Japanese investment firm Metaplanet has significantly increased its Bitcoin holdings to over $400 million following a recent major acquisition. The firm purchased 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing their total holdings to 4,855 Bitcoin worth $414 million as reported by CEO Simon Gerovich. This investment brings Metaplanet’s Bitcoin yield above 119% year-to-date.