Metaplanet’s ¥4 Billion Bitcoin Acquisition Drives 73% Share Price Surge in 2023
Metaplanet has made headlines by acquiring 269 Bitcoin for about 4 billion yen, which boosts its total Bitcoin holdings to 2,031 BTC, worth approximately $196 million. This strategic move has significantly impacted the company’s stock, resulting in a remarkable 73% increase year-to-date. Metaplanet’s average purchase price was around $80,700 per Bitcoin, leading to a 16% ...