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Metaplanet Brings Bitcoin Treasury to $293 Million With Latest Buy

Published

The Japanese Bitcoin treasury company has added another 150 BTC to its stockpile.

Japanese Bitcoin treasury company Metaplanet Inc. has just disclosed that it purchased a further 150 BTC. That brings the company's total Bitcoin holdings to 3,350 Bitcoin.

At time of publishing, that means the company holds just over $290 million, or in its local currency that's 42.216 billion yen. The Bitcoin price has inched past $88,000 after having gained 3.5% in the past day, according to CoinGecko data.

Before this purchase the company ranked as the tenth largest corporate holder of Bitcoin in the world.

The Japanese BTC treasury company, whose moto is "secure the future with Bitcoin," also recently announced Eric Trump, son of U.S. President Donald Trump, has joined its board of directors.