Japan-based investment firm Metaplanet continues to make significant strides in Bitcoin 
$93,217 acquisitions. On March 3, the company purchased an additional 156 Bitcoins, bringing its total Bitcoin holdings to 2,391. The latest acquisition was recorded at an average price of $85,890, resulting in a total investment of approximately $13.4 million, showcasing the company’s commitment to its Bitcoin accumulation strategy with a total investment of $196.3 million.
Since April, Metaplanet has unceasingly pursued its Bitcoin investments. The average cost of its purchases to date stands at $82,100, and the latest acquisitions have resulted in a 13% increase in its investment portfolio. The company aims to reach a total of 21,000 Bitcoins by 2026, positioning itself among the top firms globally in Bitcoin holdings, currently ranking 14th.
Metaplanet’s investments serve as a significant indicator of Bitcoin’s adoption by institutional investors, as the company continues its regular purchasing strategy. The firm is gaining recognition for its commitment while striving to enhance its global Bitcoin portfolio.
Metaplanet’s CEO, Simon Gerovich, ha… creator solana token
