Metaplanet Adds 463 Bitcoin in $54 Million Treasury Boost

Japan-based Metaplanet expanded its cryptocurrency reserves on 4 Aug., purchasing 463 bitcoin for roughly $53 million, according to multiple disclosures.

The latest acquisition lifts the company’s treasury to 17,595 bitcoin, worth about $2 billion at current prices, and keeps the firm in seventh place among publicly reported corporate holders of the token. Metaplanet’s stash is now approaching the 20,000-bitcoin threshold as it continues to diversify its balance sheet with digital assets.

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