Japan's Metaplanet buys additional $1.2 million worth of bitcoin, shares surge 26%

$BTC

Japanese investment firm Metaplanet Inc. saw its stock price jump 25.8% during the Tuesday morning session after announcing that it has purchased additional bitcoin worth about $1.26 million. The Tokyo-listed company disclosed today that it bought an additional 200 million yen worth of bitcoin, or 21.877. That brings its total bitcoin holdings to 225.611 BTC, or about 2.25 billion yen ($14.2 million).

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