Metaplanet Expands Bitcoin Treasury by 775 BTC, Assets Outweigh Debt 18-Fold

Tokyo-listed Metaplanet Inc (3350) has acquired an additional 775 bitcoin (BTC) for 13.73 billion yen (about $94 million), according to its most recent filing.

The purchase, made at an average price of 17.72 million yen ($120,500) per bitcoin, lifts the company’s total holdings to 18,888 BTC,…

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