Metaplanet Buys Record $117 Million in Bitcoin, Signaling Potential Bull Run

Japan’s Metaplanet has made a significant move in the crypto world, purchasing 1,088 BTC worth over $117 million. This purchase brings their total holdings to 8,888 BTC, a figure signifying both symbolic and strategic investment power. The stock price surged 6% following this announcement, drawing attention from investors as they speculate on Metaplanet becoming the next Asian answer to MicroStrategy’s bold Bitcoin strategy.