Metaplanet, a prominent investment and consulting firm listed on the Tokyo Stock Exchange, recently made waves in the financial world by announcing its acquisition of ¥1 billion ($6.5 million) worth of Bitcoin for its corporate treasury. Meanwhile, this substantial investment is equivalent to approximately 30% of the company’s current market cap.
Japanese Public Company Metaplanet just bought $6.25 million worth of Bitcoin
Apr 26, 2024