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Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury

Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) wo...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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