Japan’s Metaplanet Doubles Down on Bitcoin Investment, Adds $61.4 Million to Its Holdings

Metaplanet, a prominent Tokyo-listed firm, has significantly bolstered its Bitcoin holdings, purchasing an additional 18,113 BTC at a cost of roughly $61.4 million. This latest acquisition brings the company’s total Bitcoin stash to over 18,113 BTC, resulting in a staggering valuation exceeding billions of dollars. The purchases were made at an average price of approximately $101,911 per coin, making this investment even more lucrative.