Metaplanet Doubles Down on Bitcoin with $2.2 Million Purchase, Total Holdings Now Exceed 398 BTC

Japanese company Metaplanet has further increased its Bitcoin holdings by purchasing 38.6 BTC for $2.2 million, bringing its total to over 398 BTC. This move follows the company’s August announcement of a 10.08 billion yen fundraising plan aimed at expanding its Bitcoin reserves. Metaplanet’s aggressive Bitcoin strategy mirrors that of MicroStrategy, demonstrating the growing trend of companies using debt to capitalize on Bitcoin’s potential appreciation.

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