Metaplanet, a prominent Tokyo-based public company, has reported a significant increase in its bitcoin holdings. The firm recently acquired an additional 21.877 BTC, valued at approximately $1.26 million (200 million Japanese yen), boosting its total bitcoin reserves to 225.61 BTC, worth over $14.17 million.
A Strategic Response to Economic Conditions
Metaplanet’s decision to bolster its bitcoin reserves comes amidst concerns over the devaluation of the Japanese yen and broader economic uncertainties.·
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