Bitcoin

<ul class="wp-block-list news-points">
 <li>Metaplanet boosts Bitcoin holdings to 400 BTC through strategic stock option exercises.</li>
 <li>Partnership with SBI VC Trade enhances Metaplanet’s Bitcoin trading and custody operations.</li>
 <li>Metaplanet continues aggressive Bitcoin investments, reflecting strong long-term confidence.</li>
</ul>
Metaplanet, a publicly traded Japanese company often dubbed “Asia’s MicroStrategy,” has reinforced its commitment to Bitcoin. On Tuesday, the company revealed it had purchased an <a href="https://contents.xj-storage.jp/xcontents/33500/adbc3dee/cb75/4591/be6f/24e17fbc66f6/140120240906582154.pdf" target="_blank" rel="noopener noreferrer nofollow">additional ¥300 million</a> worth of Bitcoin, raising its total holdings to around 400 BTC.
The latest purchase was funded through the exercise of stock acquisition rights by Metaplanet’s management team. The company had previously indicated its intent to use these funds for further Bitcoin investment.
Specifically, the exercise raised ¥229.7 million, which was directed towards the purchase of additional Bitcoin. This move reflected the management’s certainty in Bitcoin as a valuable long-term asset.
<a href="https://coinedition.com/japanese-company-metaplanet-boosts-bitcoin-holdings-to-9-6-million/" rel="noopener noreferrer nofollow">Read also: Japanese Company Metaplanet Boosts Bitcoin Holdings to $9.6 Million</a>
Additionally, Metaplanet has disclosed through an official announcement on social media platform X that it has gained another…
The post <a href="https://coinedition.com/metaplanet-asias-microstrategy-boosts-bitcoin-holdings-to-400-btc/" rel="noopener noreferrer nofollow">Metaplanet, ‘Asia’s MicroStrategy,’ Boosts Bitcoin Holdings to 400 BTC</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Metaplanet, ‘Asia’s MicroStrategy,’ Boosts Bitcoin Holdings to 400 BTC

Coin Edition

Other articles published on Sep 10, 2024

Reli Pendek Bitcoin, Analis: Sasar US$58 Ribu

FTX finalizes settlement with Emergent over $600M Robinhood shares claim

Aleph Zero Launches NEON Program, Enlists Major Global Partners Including Pairpoint, Backed by Vo...

New GambleFi Meme Coin Presale Raises $150,000 Instantly – Is $MEMEBET Token The Next Rollbit Coin?

Donald Trump Launches Fourth NFT Collection with Exclusive Physical Rewards

UK Financial Regulator Charges Individual for Operating Illegal Crypto ATM Network

Join our free newsletter for daily crypto updates!