Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

- Metplanet bought an additional $1.6 million worth of bitcoin, bringing its total holdings up to $9.4 million. - Metaplanets stock jumped by 10% following the disclosure on Tuesday. Japanese investment firm Metaplanet disclosed an additional bitcoin (BTC) purchase, worth 250 million yen ($1.6 million), taking its holdings of the largest cryptocurrency to 141 BTC, a value of about $9.4 million. Metaplanet stock rose by 9.9% Tuesday after it made the purchase, its third since April 2024, public. Last month, …