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Tokyo-based Metaplanet Inc. has acquired an additional 1,088 BTC, worth $117.5 million, as part of its Bitcoin treasury strategy. The firm now holds 8,888 BTC, positioning itself as a leader in Asia and among the top global corporate Bitcoin holders.
- Metaplanet now holds 8,888 BTC, making it the tenth-largest public company globally in Bitcoin ownership.
- The firm’s shares rose 9.75% on the Tokyo Stock Exchange, with a year-to-date increase of over 236%.
- Metaplanet issued $21 million in zero-coupon bonds to fund its Bitcoin acquisitions without incurring borrowing costs.
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Other Tags: Metaplanet, Metaplanet Inc., Tokyo Stock Exchange, Treasury