Metaplanet Doubles Down on Bitcoin, Expanding Holdings to 7,800 BTC

Metaplanet has made a substantial move in the crypto space, expanding its Bitcoin holdings to 7,800 BTC through strategic treasury maneuvers. The company’s recent actions have fueled investor confidence, leading to a stock surge of 70.91% year-over-year and a significant increase in shareholder count. This ambitious approach involves capital raising using bonds and warrants to acquire more Bitcoin, solidifying the firm’s commitment to this digital asset. Further details on their latest purchase and its impact are detailed below.