Metaplanet Acquires $61.4 Million Worth of Bitcoin

Metaplanet, a Tokyo Stock Exchange-listed company, has made a substantial investment in Bitcoin, acquiring 518 BTC worth approximately $61.4 million. This acquisition boosts their holdings to 18,113 Bitcoin units, signifying a commitment to a Bitcoin-centric treasury strategy. 8 518 Bitcoin was purchased at an average price of $118,519 per Bitcoin. The purchase is attributed to Metaplanet’s belief in Bitcoin’s long-term potential, impacting market sentiment and investor perceptions positively.