Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
![Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury](https://cryptoinvestment.at/wp-content/uploads/2024/05/tokyo-listed-metaplanet-to-buy-additional-bitcoin-for-its-treasury.jpg)
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […]