Metaplanet Acquires Massive Bitcoin Stake: New Investment Boosts Holdings by $53 Million

Japanese investment firm Metaplanet has made a significant move in the cryptocurrency market, increasing its Bitcoin holdings significantly. The company purchased 555 Bitcoin worth approximately $53 million, bringing their total to 5,555 BTC and marking a major milestone in their treasury strategy. This acquisition, detailed in a Wednesday announcement, demonstrates Metaplanet’s continued faith in the long-term value of digital assets, particularly as institutional interest in cryptocurrencies continues to grow.