Metaplanet Accelerates Bitcoin Purchases after Q2 Profits Soar

Japanese investment giant Metaplanet has reported robust second-quarter earnings, driven by a successful Bitcoin accumulation strategy that’s fueled significant growth across key metrics. The company is now poised to further accelerate its BTC purchases, mirroring the playbook of fellow Bitcoin adopter, MicroStrategy. Metaplanet’s Q2 report highlights remarkable revenue growth and profitability, with total assets surging by 333% quarter-over-quarter. This financial success fuels Metaplanet’s ambition to achieve a target of 210,000 Bitcoins by 2027.