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Metaplanet Buys 5,075 Bitcoin, Raising Total Holdings to 40,177 BTC

The Japan-based company said its latest purchase was worth $338 million, bringing its reported Bitcoin holdings to about $2.7 billion.

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Terms & Concepts
  • Bitcoin treasury: A corporate strategy of holding Bitcoin on a company balance sheet as a reserve asset.
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.