Metaplanet’s Stock Soaring Over 25% Following BTC Purchase

The post Metaplanet’s Stock Soaring Over 25% Following BTC Purchase appeared first on Coinpedia Fintech News

Japan’s Metaplanet has continued with its Bitcoin accumulation spree, buying an additional 21.88 BTC earlier today for an estimated $1.26 million in total investments. This development follows Bitcoin’s price surge by an additional 4.5% on Monday, moving closer to $65,000. Following today’s purchase, Metaplanet’s total Bitcoin holdings have surged past 225 BTC, valued at $14.55 million as of the current BTC price. The news has also sent the Metaplanet share price soaring by more than 25.81% and is currently trading at 117 JPY.