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Japanese investment firm Metaplanet has announced a significant increase in its Bitcoin holdings by purchasing an additional 57.1 BTC worth approximately $3.3 million. The move brings the company’s total Bitcoin holdings to 303,095 BTC.
<h2 id="japan-s-metaplanet-increases-bitcoin-holdings-with-3-3-million-acquisition">Japan’s Metaplanet Increases Bitcoin Holdings with $3.3 Million Acquisition</h2>
The Tokyo-listed firm said the latest acquisition was funded by a 500 million yen ($3.3 million) investment secured by a $6.8 million loan it received last week. Metaplanet plans to allocate a significant portion of that loan to further Bitcoin purchases.
Metaplanet's shares closed down 5.8% at 1,121 yen on Tuesday, after a remarkable 600% surge earlier this year.
Related News: <a href="https://en.bitcoinsistemi.com/ethereum-networks-daily-eth-burn-rate-drops-to-its-lowest-level-this-year-what-does-it-mean-here-are-the-details/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Network's Daily ETH Burn Rate Drops to Its Lowest Level This Year! What Does It Mean? Here Are the Details</a>
The stock peaked at 3,000 yen on July 24. In comparison, the Nikkei 225 index gained 3.45% at the close of trading today.
Metaplanet CEO Simon Gerovich expressed the firm’s continued commitment to Bitcoin in a post published on X: “We will always be hoarding Bitcoin.”
In May, Metaplanet announced a strategic shift by adopting Bitcoin as a core treasury reserve asset in response to economic pressures in Japan, including high government debt, persistent negative real interest rates, and a weakening yen.
This strategy reflects the company's bullish stance on bitcoin and its role as a hedge against economic instability.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/japanese-investment-firm-metaplanet-continues-to-buy-bitcoin-heres-its-latest-bitcoin-move/" rel="noopener noreferrer nofollow">Japanese Investment Firm Metaplanet Continues to Buy Bitcoin! Here's Its Latest Bitcoin Move!</a>

Japanese Investment Firm Metaplanet Continues to Buy Bitcoin! Here's Its Latest Bitcoin Move!

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