Metaplanet's recent acquisition of 780 BTC boosts its total holdings to 17,132 BTC, valued at approximately $1.7 billion, amid a challenging stock market environment.
Metaplanet has acquired 780 Bitcoin, increasing its total holdings to 17,132 BTC valued at around $1.7 billion. This purchase, worth about $93 million, is part of the company's strategy to control 1% of total Bitcoin supply by 2027, despite facing a decline in stock value. The firm now ranks 7th globally among Bitcoin holders, down from 5th earlier this year.