
Japanese public company Metaplanet has made a significant investment in Bitcoin, purchasing an additional 21.88 Bitcoins for ¥200 million (approximately $1.2 million). This acquisition brings Metaplanet's total Bitcoin holdings to 225.6 BTC, valued at ¥2.25 billion as of July 8th. The company's stock surged by 26% following the announcement, and it has increased over 5x since it announced its bitcoin strategy. Metaplanet, a prominent technology firm based in Tokyo, continues to buy Bitcoin as part of its strategic treasury reserve asset amid a rebound in Bitcoin prices toward $65,000.
[DECRYPT] Japan's Metaplanet Adds Another $1.2 Million #Bitcoin to Its Corporate Treasury
Japan's Metaplanet Adds Another $1.2 Million Bitcoin to Its Corporate Treasury ► https://t.co/S95MVZPDN7 https://t.co/S95MVZPDN7
Metaplanet Acquires $1.2m Bitcoin In Response To Troubled Yen Price 💰✅ Its stock price has increased over 5x since it announced its bitcoin strategy 💥👀 https://t.co/SRRD5ZXy0h


