TLDR Crypto · MARKETS & BUSINESS

METAPLANET BUYS ANOTHER 107 BITCOIN, PUSHING STOCK-BTC RATIO TO 20%

coindesk.com1 min read

Summary from the TLDR Crypto newsletter

Japanese company Metaplanet has purchased an additional $7 million BTC after originally acquiring the asset in April as part of its strategic reserve. It now holds over 500 BTC and is the second-largest publicly-traded Asian holder. Share prices have increased over 400% since its initial purchase.