LATEST: Japanese Company Metaplanet Acquires Additional ¥200 Million of Bitcoin

Metaplanet Inc., a prominent player in the cryptocurrency market, has announced the purchase of an additional 20.38 Bitcoins. This recent acquisition was made at an average purchase price of 9,813,061 yen per Bitcoin, amounting to a total expenditure of 200 million yen. The company disclosed this progress as part of their ongoing investment strategy in digital assets.

Following this latest purchase, Metaplanet Inc. has now completed their goal of acquiring 1 billion yen worth of Bitcoins. The total number of Bitcoins bought with the 1 billion yen investment is 104.919 BTC, at an average price of 9,531,162 yen per Bitcoin. This brings Metaplanet Inc.’s total Bitcoin holdings to 245.992 BTC, with an aggregated investment of 2.45 billion yen at an average purchase price of 9,959,687 yen per Bitcoin.

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