Strategy and Metaplanet buy $640 million in bitcoin (BTC), strengthen treasury strategy and make cryptocurrency rise
The bitcoin (BTC) accumulation plan of the companies continues to go strong, with major companies like Strategy (formerly Microstrategy) and the Japanese Metaplanet buying an additional $640 million of the cryptocurrency.
Starting with the world's first Bitcoin Treasury Company, Strategy added another 4,980 BTC units to its portfolio for approximately $531.9 million, which represents an average price of $106,801.00 per token.