🎴Japan’s MicroStrategy Imitator Metaplanet Buys Additional 21.88 Bitcoin 🎴
Japanese public company Metaplanet, often referred as ‘Asia’s MicroStrategy,’ has amassed fresh round of Bitcoins (BTC) on Tuesday.
The company has purchased additional 21.88 Bitcoins, worth ¥200 million ($1.4 million) — an average price of ¥9.14 million ($57,600) per coin.
🪞Metaplanet Mimics MicroStrategy🪞
The ‘Asia MicroStrategy’s’ Bitcoin accumulation has been similar to that of MicroStrategy, the largest corporate holder of Bitcoin.
Metaplanet issued a statement on May 13, revealing its intentions to employ a range of capital market instruments. The company intended to boost its BTC reserves, mirroring MicroStrategy’s approach.
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