Metaplanet Increases Bitcoin Holdings With $2.2 Million Purchase

Metaplanet, a publicly traded Japanese company, has significantly increased its Bitcoin holdings with a recent purchase of 38.6 bitcoins for $2.2 million (¥300 million). This purchase brings their total bitcoin assets to 398.8 BTC, valued at approximately $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin (…)