🚨🚨The Land of Samurai is again collecting Big Pieces of BTC.🚨🚨
Japanese investment company Metaplanet Inc. has announced the acquisition of an additional 42,466 bitcoins, worth approximately 400 million yen. This transaction is in line with the company's strategy to expand its digital asset portfolio, with an average price of 9,419,300 yen per bitcoin.
The move builds on Metaplanet's previous announcement on June 24, in which the company stated it was acquiring 1 billion yen worth of bitcoin. With this latest purchase, Metaplanet's total bitcoin holdings have increased to 203,734 BTC, marking an investment that now exceeds 2.05 billion yen.
Metaplanet's continued investment into bitcoin reflects a broader trend of Japanese companies strategically diversifying their portfolios to include digital assets. Amid fluctuating traditional market conditions, Metaplanet's continued commitment to cryptocurrencies signals a dynamic shift towards using these assets as an integral part of their financial expansion plans.
note 📢;** This is not an incitement or invitation to buy or sell, just my personal view of the current conditions. All your decisions in trading are your own responsibility**.
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