‘Asia’s Microstrategy’ Metaplanet Buys Another 107 Bitcoin: Here’s How Big Its Pile Has Grown
Posted On October 15, 2024
Metaplanet Inc., a Japanese company listed on the Tokyo Stock Exchange, on Tuesday announced a significant addition to its Bitcoin holdings.
What Happened: In its press release the company stated that it had purchased an additional 106.976 bitcoin (CRYPTO: BTC) for approximately 1 billion yen, worth $6.7 million at current exchange rates, at an average price of 9,347,891 yen per bitcoin.
This latest acquisition brings Metaplanet’s total bitcoin holdings to 855.478 BTC. The company’s aggregate investment in bitcoin now stands at 7.965 billion yen, approximately …
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