Metaplanet Doubles Bitcoin Holdings with $61 Million Acquisition

Metaplanet, Inc., has significantly increased its Bitcoin holdings, acquiring 518 BTC for $61.4 million and establishing a total of 18,113 BTC in reserves. This strategic move aligns with the company’s Bitcoin-centric treasury approach and supports its vision of safeguarding value amidst global economic uncertainty. The acquisition was funded through share issuances, maintaining Metaplanet’s equity offering strategy for expanding cryptocurrency holdings.