Cryptocurrency

Metaplanet’s Stock Soaring Over 25% Following BTC Purchase

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Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Japan’s Metaplanet has continued with its Bitcoin accumulation spree, buying an additional 21.88 BTC earlier today for an estimated $1.26 million in total investments. This development follows Bitcoin’s price surge by an additional 4.5% on Monday, moving closer to $65,000. Following today’s purchase, Metaplanet’s total Bitcoin holdings have surged past 225 BTC, valued at $14.55 million as of the current BTC price. The news has also sent the Metaplanet share price soaring by more than 25.81% and is currently trading at 117 JPY.

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