Metaplanet Buys 5,419 Bitcoin to Reach 25,555 BTC; Plans $1.25B Expansion and $139M Yield Investment

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COINOTAG reported on September 22 that Japanese publicly traded firm Metaplanet bolstered its corporate bitcoin holdings by 5,419 BTC, deploying roughly $632 million to lift its treasury to 25,555 BTC. The company previously disclosed on September 17 an intent to allocate up to $1.25 billion by October to further increase bitcoin exposure and to commit $139 million to its bitcoin yield generation unit. These disclosures reflect a measured capital allocation toward digital-asset positions and expansion of its yield infrastructure, as stated in company filings and public announcements.

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Source: https://en.coinotag.com/breakingnews/metaplanet-buys-5419-bitcoin-to-reach-25555-btc-plans-1-25b-expansion-and-139m-yield-investment/