Metaplanet Acquires $11.6 Million in Bitcoin, Expanding Holdings to 18,991 BTC

Metaplanet Inc. has bolstered its Bitcoin holdings with a significant purchase of 103 bitcoins worth $11.6 million. This strategic investment brings the company’s total Bitcoin reserves to a substantial 18,991 BTC, signaling a commitment to this asset as a core part of their strategy. The move is seen by industry analysts as a potential signal of growing institutional interest in Bitcoin, particularly within Asia’s market.