Metaplanet Expands Bitcoin Holdings Toward 2027 Goal
Metaplanet recently bolstered its cryptocurrency treasury by acquiring more Bitcoin. The company aims to hold 210,000 BTC by 2027.
It purchased 463 additional BTC for ¥7.995 billion ($55.17 million). This brings the average cost per BTC to ¥17.27 million ($119,163).
The move strengthens Metaplanet’s position in the crypto market. It shows confidence in Bitcoin’s long-term value. The company continues to invest heavily in BTC, aligning with its vision for the future.
Benefits of holding Bitcoin include diversification and potential growth. Metaplanet sees it as a strategic asset. By investing now, they prepare for what they believe will be a rising cryptocurrency market.
