Metaplanet Invests $11.7 Million in Bitcoin, Reaches New Institutional Holding Milestone

Japanese firm Metaplanet Inc. made a significant move in the cryptocurrency market, purchasing 103 bitcoins for approximately $11.7 million. This acquisition boosted their holdings to a substantial 18,991 BTC, putting them among the world’s leading institutional Bitcoin investors. Their current holdings are estimated to be worth between $1.94 and $2.2 billion USD.