Metaplanet Acquires Further Bitcoin Holdings to Strengthen Treasury Strategy

Investment firm Metaplanet Inc. has acquired an additional 1,088 bitcoins, increasing its holdings and advancing its treasury strategy. The company’s latest acquisition brings their total bitcoin holdings to 8,888 BTC, totaling $117.5 million in value after purchasing the coins at an average price of 15.5 million yen per bitcoin. This move aligns with Metaplanet’s strategy of diversifying its assets and building a significant presence within the digital asset market.