Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin without liquidating existing assets, reflecting a growing trend among corporations to leverage cryptocurrency for potential growth while maintaining their current asset base.
Metaplanet Grows Bitcoin Holdings With $2.2 Million Acquisition
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