#MetaplanetBTCPurchase MetaPlanet Inc., a Japanese investment company, has acquired an additional 38.46 BTC for ¥300 million ($1.89 million), bringing its total holdings to 250 BTC. This purchase, made through its subsidiary firm, follows a previous acquisition of 200 BTC and reflects the company's strategy to build a significant Bitcoin treasury. MetaPlanet's CEO, Simon Gerovich, views Bitcoin as a strategic reserve asset, citing its potential as a store of value amid global economic uncertainties. The company's Bitcoin holdings are now valued at approximately $17.25 million, based on current market prices. MetaPlanet's aggressive Bitcoin accumulation strategy has positioned it as a major player in the Japanese crypto market, with plans to continue expanding its digital asset portfolio [5].
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.