Tokyo-based early-stage investment firm Metaplanet now holds more than 1,000 Bitcoins.
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According to CEO Simon Gerovich, this makes it one of the largest corporate holders of the leading cryptocurrency in Asia.
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Recently, the company announced yet another purchase of 156.78 BTC.
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Earlier this month, the company announced the MicroStrategy-like "BTC Yield" metric, which makes it possible to showcase what impact Bitcoin purchases have on shareholder returns.
Fri, 05/10/2024 - 09:52
'Asia's MicroStrategy' Metaplanet Tops up Bitcoin Portfolio in Latest Purchase
In other news, MicroStrategy recently appeared among the most-traded stocks, surpassing such "Magnificent 7" heavy hitters as Amazon.
Arman Shirinyan
Vladislav Sopov
Dan Burgin