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News Explorer — MetaPlanet Adds $1.6 Million In Bitcoin to Its Balance Sheet, Boosting Its Stock

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Jun 11, 10:31 pm
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MetaPlanet Adds $1.6 Million In Bitcoin to Its Balance Sheet, Boosting Its Stock

Japanese investment firm MetaPlanet has purchased an additional 23.5 BTC for $1.6 million, bringing its total Bitcoin holdings to about 141.07 BTC worth $9.5 million. Despite a 3% drop in the price of Bitcoin, MetaPlanet's stock on the Tokyo Stock Exchange increased by 10% following the news.

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