Metaplanet Doubles Down on Bitcoin with $117 Million Purchase

Tokyo-based investment company Metaplanet made another significant investment in Bitcoin, acquiring an additional 1,088 Bitcoins for roughly $117 million. This brings their total Bitcoin holdings to a staggering 8,888 BTC, representing nearly 78% of their goal of purchasing 10,000 BTC by the end of 2025. The company’s strategy involves utilizing zero-interest bonds alongside its Bitcoin investments for maximum return.