_🚨⚠️🚨Metaplanet Shares Soar 15% After Buying 107 Bitcoin!_ 🚀
Japanese investment firm Metaplanet has made a significant splash in the cryptocurrency market, purchasing 107 Bitcoin (BTC) worth around $6.7 million.
_Key Details:_ 📊
- Total Bitcoin Holdings: 855.5 BTC
- Total Value: Over $56.1 million
- Latest Purchase: 107 BTC, worth around $6.7 million
- Previous Purchases:
- 109 BTC on Oct. 11
- 108.8 BTC on Oct. 7
- 132 BTC in two batches on Oct. 1 and 3
_Metaplanet's Share Price Surges:_ 📈
- 15.7% increase after latest purchase
- 480% increase since announcing Bitcoin investment strategy in April
_CEO's Inspiration:_ 💡
Metaplanet's CEO, Simon Gerovich, cites MicroStrategy and Michael Saylor as inspirations for their Bitcoin investment strategy.
_Market Impact:_ 🌎
Metaplanet's bold move into the Bitcoin market demonstrates growing institutional interest in cryptocurrencies.
_Sources:_ 📰
¹ CoinTelegraph: Metaplanet Buys 107 Bitcoin
² Bloomberg: Metaplanet Shares Rise
³ CoinMarketCap: Bitcoin Price
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