Metaplanet Doubles Bitcoin Holdings with 1,088 BTC Purchase

Metaplanet Inc. has significantly boosted its Bitcoin reserves by acquiring an additional 1,088 BTC, bringing its total holdings to nearly ¥16.89 billion. The company’s strategic move utilizes financial leverage through stock and bond sales to fund this acquisition, mirroring the tactics employed by other companies like MicroStrategy. This bold action showcases Metaplanet’s commitment to long-term cryptocurrency investment strategies.