Published On: Tue, 11 Jun 2024 05:52:03 GMT

Japanese company Metaplanet buys 23.35 additional Bitcoin

Sahil Thakur News

Jun 11, 2024

Author: Sahil Thakur

Japanes public company Metaplanet has purchased an additional 23.35 Bitcoin worth around $1.6M.

Metaplanet’s total Bitcoin holdings are now 141.07 $BTC.
Mataplanet is adopting Bitcoin as a reserve asset to hedge against Japan’s yet volatility.
Metaplanet’s own stock rallied by over 10% after the news of the Bitcoin purchase.

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