Metaplanet Increases Bitcoin Holdings to $2.1 Billion
Japan-based investment firm Metaplanet has boosted its Bitcoin reserves by purchasing 518 BTC for around $61 million. This latest acquisition brings their total Bitcoin holdings to 18,113 BTC, now valued at approximately $2.1 billion.
Metaplanet’s steady accumulation throughout the year reflects a strong commitment to Bitcoin, similar to strategies seen from major corporations like MicroStrategy. The move comes amid growing global interest in Bitcoin as both an inflation hedge and a reliable store of value.
Analysts view this purchase as a clear sign of Metaplanet’s long-term bullish confidence in Bitcoin, despite its price volatility. This positions the firm among the world’s largest corporate Bitcoin holders.
This aggressive buying trend also highlights the rising corporate adoption of Bitcoin, as companies increasingly treat it as a strategic asset to guard against currency depreciation. If Bitcoin’s price continues upward, Metaplanet’s holdings could become an even larger part of its overall portfolio.
Investors are watching closely to see how this approach will influence the company’s future growth and market position.
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Source: CoinoMedia