#MetaplanetBTCPurchase Tokyo-based investment firm Metaplanet has announced a significant acquisition of Bitcoin, further solidifying its position as a forward-thinking player in the cryptocurrency space. The company revealed it purchased an additional 500 BTC, valued at approximately $30 million, as part of its long-term strategy to diversify its treasury reserves and hedge against fiat currency risks.

This move follows Metaplanet’s earlier Bitcoin investments, which have already yielded positive returns amid the crypto market’s recent bullish momentum. The firm’s leadership emphasized Bitcoin’s potential as a store of value, citing its decentralized nature and limited supply as key factors in their decision.