Metaplanet Doubles Bitcoin Holdings with $61.4 Million Purchase

Metaplanet Inc., a company listed on the Tokyo Stock Exchange, has made a significant move in its financial strategy by purchasing 518 bitcoins for $61.4 million. This acquisition increases their total bitcoin holdings to 18,113 BTC, according to President Simon Gerovich. The strategic purchase demonstrates Metaplanet’s commitment to building a Bitcoin treasury model similar to tech giants like MicroStrategy.