@negleyamaia
Japanese investment firm Metaplanet Inc. announced today that it had purchased an additional 57.1 bitcoin worth about $3.3 million, as the company remains bullish on the world’s largest cryptocurrency.
The Tokyo-listed firm said in a statement that it had bought an additional 500 million yen worth of bitcoin after it secured a $6.8 million loan last week to buy more crypto.
That brings Metaplanet’s total bitcoin holdings to 303.095 bitcoin, the company added.
Metaplanet’s stock closed down 5.8% at 1,121 yen on Tuesday. Its stock price has surged 600% so far this year and once peaked at 3,000 yen on July 24. The Nikkie 225 index gained 3.45% at closing today.
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