Metaplanet Acquires 1,004 Bitcoin for $104 Million, Total Holdings Reach 7,800 BTC 🏦
Japanese investment firm Metaplanet has made a significant move by purchasing 1,004 Bitcoin for approximately $104 million. This acquisition elevates the company's total Bitcoin holdings to 7,800 BTC, valued at around $800 million.
The substantial purchase is part of Metaplanet's strategic goal to accumulate a total of 10,000 BTC by the end of 2025, with the company having achieved 78% of this target.
The announcement of this purchase led to a 12% surge in Metaplanet's shares, illustrating strong investor confidence. This recent acquisition is noted as the firm's second-largest Bitcoin purchase ever.
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