Metaplanet Bolsters Bitcoin Holdings by $11.6 Million

Metaplanet, a prominent Japanese firm, has expanded its Bitcoin holdings significantly, adding an additional $11.6 million to their reserves. This brings their total Bitcoin holdings to 18,991 BTC, placing them seventh among publicly traded companies globally holding Bitcoin. The recent acquisition follows on from the company’s strategic approach to incorporating digital assets into their long-term financial strategy. The purchase was made at an average price of $113,491 per coin, demonstrating Metaplanet’s commitment to Bitcoin as a key reserve asset. 878 yen – indicating investor confidence in Metaplanet’s continued growth and the future prospects of Bitcoin.