Metaplanet Board Approves Additional $1.6M BTC Purchase, Following Microstrategy's Lead
CryptoNewsTerminal Staff28 May, 2024
Metaplanet Board Approves Additional $1.6M BTC Purchase, Following Microstrategy's Lead
Metaplanet, a publicly traded Japanese company known for following Microstrategy's lead in adopting Bitcoin as a key asset, recently announced through an official filing that the board of directors has approved a plan to purchase an additional 250 million yen (approximately $1.6 million) worth of BTC. This move demonstrates Metaplanet's continued commitment to investing in Bitcoin and solidifies the company's position as a significant player in the cryptocurrency space.
