Bitcoin Reserves Increase as Metaplanet Inc. Purchases 38.4 BTC
Tuesday, 10 September 2024, 03:47
Bitcoin Reserves Increase with New Purchases
On September 9, 2023, Metaplanet Inc., a Tokyo-listed investment firm, revealed a significant investment in Bitcoin. The firm purchased $2 million worth of BTC, adding 38.4 BTC to its reserves. This strategic acquisition marks a milestone, increasing Metaplanet's total Bitcoin holdings to 398.8 BTC.
Significance of Bitcoin Investments
This purchase underscores the importance of Bitcoin in modern investment portfolios. As firms like Metaplanet expand their cryptocurrency reserves, it reinforces BTC's position in the financial landscape.
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