Metaplanet invested $1.2 million to buy more than 20.2 BTC and plans to increase its BTC holdings by $6 million. It targets to boost its treasury holdings following changes due to the Covid pandemic.
Metaplanet's strategy aligns with MicroStrategy, a company owning over 226,000 BTC, by steadily accumulating bitcoins. This move indicates a trend in institutional investment towards cryptocurrencies.
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