Blockchain
Metaplanet adds $67M in Bitcoin following 10-to-1 stock split
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Japan-based Metaplanet has expanded its Bitcoin holdings, purchasing 696 BTC for 10.152 billion yen ($67 million), the company announced in an April 1 post on X.
The investment pushes Metaplanet’s total Bitcoin stash to 4,046 BTC, valued at over $341 million at the time of writing.
Source: Metaplanet
Stock split targets investor accessibility
The acquisition comes shortly after Metaplanet issued 2 billion Japanese yen ($13.3 million) of bonds to buy more BTC, Cointelegraph reported on March 31.
Source: Simon Gerovich
The move also comes shortly after…
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