Metaplanet Boosts Bitcoin Holdings to $2 Billion With Latest Purchase
The post Metaplanet Boosts Bitcoin Holdings to $2 Billion With Latest Purchase appeared first on Coinpedia Fintech News
Metaplanet has acquired 780 Bitcoin (BTC) for $92.5 million, raising its total holdings to 17,132 BTC worth about $2 billion at current prices. The Tokyo-listed company now ranks seventh globally among public corporate bitcoin holders. Metaplanet, which began accumulating bitcoin in April 2024, aims to hold over 210,000 BTC by 2027. The firm’s bitcoin business saw Q2 revenue jump 42.4% year-over-year to $7.6 million, with shares up 258.3% year-to-date.
