Metaplanet to invest additional ¥250 million in Bitcoin amid staggering stock growth

Japan-based Metaplanet plans to buy an additional ¥250 million ($1.6 million) of Bitcoin, boosting its holdings to 117.72 BTC valued at ¥1.2 billion ($7.7 million). Approved by the board, this move aligns with Metaplanet’s Bitcoin-first strategy. The firm’s Bitcoin focus has driven a 287% year-to-date share surge, nearing a $1 billion market cap.

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