Metaplanet Acquires $126.7 Million in Bitcoin to Expand Crypto Holdings

Metaplanet, an investment firm based in Japan, has made a significant move in the crypto market, acquiring 1,271 bitcoins worth approximately $126.7 million. This purchase positions them as Asia’s largest corporate holder of Bitcoin, further cementing their position in this rapidly evolving field. This acquisition comes as part of Metaplanet’s larger strategy to increase their cryptocurrency holdings and diversify their treasury assets. 1,271 bitcoins represent a significant commitment to Bitcoin, demonstrating a growing confidence in the asset’s potential for future growth.