Metaplanet Acquires $53.7 Million Worth of Bitcoin, Growing Holdings to 5,555 BTC

Metaplanet has significantly expanded its Bitcoin holdings by purchasing an additional 555 Bitcoins for $53.7 million, pushing its total Bitcoin reserves past the 5,500 BTC mark. This recent acquisition reflects Metaplanet’s strategy of continuous investment in the digital asset space. The company is continuing to build a substantial Bitcoin reserve by issuing zero-interest bonds worth $25 million, mirroring a similar approach employed by Strategy, another prominent player in the market.