Metaplanet Boosts Bitcoin Holdings, Joins Ranks of Top Global Corporate Holders
Tokyo based Metaplanet has significantly increased its Bitcoin reserves, purchasing an additional 1,005 BTC, according to recent reports. The acquisition raises the company’s total holdings to approximately 13,350 BTC, placing it among the top five corporate Bitcoin holders worldwide.
Following the announcement, Metaplanet’s shares surged 10% on the Tokyo Stock Exchange, reflecting growing investor confidence in the firm’s aggressive crypto strategy. The move mirrors the approach of companies like MicroStrategy, which have heavily invested in Bitcoin as a store of value and hedge against inflation.
Analysts suggest Metaplanet’s latest purchase could inspire other Asian corporations to consider similar crypto allocations, further solidifying Bitcoin’s role in corporate treasuries globally.
The company has yet to comment publicly on future acquisition plans. However, the significant boost to its Bitcoin holdings underscores a strong belief in the long-term value of the digital asset.
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