#MetaplanetBTCPurchase Japanese investment firm Metaplanet has continued its aggressive Bitcoin accumulation strategy, purchasing an additional 20.38 BTC for approximately $1.2 million on July 22, 2024. This acquisition completes the company's plan to invest 1 billion yen (about $6.26 million) into Bitcoin, bringing its total holdings to nearly 246 BTC, valued at around $16.5 million at the time of purchase . Metaplanet's stock price surged by 21% following this announcement, reflecting investor confidence in its crypto-centric approach . Often dubbed "Asia's MicroStrategy," Metaplanet aims to hedge against Japan's economic challenges, including high debt levels and a weakening yen, by
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