Metaplanet Acquires $117 Million in Bitcoin, Expanding Holdings and Aiming for 10,000 BTC

Metaplanet has recently acquired 1,088 more Bitcoin (BTC) at an average price of ¥15.5 million per bitcoin ($108,051). This latest purchase, totaling ¥16.885 billion ($117.5 million), adds to the company’s growing Bitcoin holdings which now stand at a remarkable 8,888 BTC. This move follows Metaplanet’s issuance of ¥8 billion in zero-interest bonds just days prior. Metaplanet is aiming to establish itself as Asia’s leading Bitcoin treasury company, with this latest acquisition representing another major milestone.