Metaplanet Acquires 103 BTC to Bolster Treasury

Metaplanet Inc., a prominent Tokyo-based company, has significantly bolstered its Bitcoin holdings with the purchase of 103 BTC worth approximately $12 million. This acquisition brings the total number of Metaplanet’s Bitcoin reserves to 18,991 BTC, solidifying their position as one of the world’s largest publicly disclosed Bitcoin holders. This strategic move by Metaplanet is indicative of a growing trend among corporations embracing Bitcoin-focused treasury strategies. The company’s commitment to expanding its Bitcoin holdings aligns with long-term growth objectives and reflects broader institutional interest in Bitcoin.