Metaplanet Doubles Bitcoin Holdings, Reaching 8,888 BTC

Crypto company Metaplanet has significantly expanded its Bitcoin holdings, purchasing an additional 1,088 Bitcoin for a total of nearly 9,000. This purchase comes after the firm’s June 2 filing detailing a spending of approximately $117.7 million at an average price of $108,209 per Bitcoin. This move has propelled Metaplanet to the 10th-largest corporate Bitcoin holder globally according to Bitcoin Treasuries data. The company’s total Bitcoin holdings now stand at nearly $851 million based on current market prices.