Japanese company MetaPlanet buys $1.2 million worth of bitcoins
Japanese investment giant MetaPlanet has purchased an additional 21.88 BTC for 200 million yen (about $1.2 million). The company now owns 225.6 BTC, which is valued at $14.6 million. MetaPlanet, formerly known as Red Planet Japan, was originally a budget hotel operator in Japan before rebranding itself as a Web3 and metaverse-focused organization. In April 2024, MetaPlanet announced plans to add Bitcoin to its investment portfolio by partnering with Sora Ventures and UTXO Management. MetaPlanet…
