Two publicly traded businesses, Metaplanet and The Smarter Web Company, have made significant investments in Bitcoin, adding to the growing trend of corporate Bitcoin adoption. According to Cointelegraph, Metaplanet purchased approximately $61.4 million worth of Bitcoin, reaching a total holdings of 18,113 BTC, while The Smarter Web Company acquired $35.2 million worth of Bitcoin for a total holding of 2,395 BTC. 518 bitcoins were purchased by Metaplanet at an average cost of $118,519 per coin, while The Smarter Web Company purchased Bitcoin through a $10.2 million equity raise. Both companies now hold their Bitcoin reserves strategically as part of their overall financial management strategies.