Japan’s MicroStrategy continues Bitcoin purchases

Tokyo-based investment company Metaplanet announced a new Bitcoin purchase. The firm bought 107.9 BTC and increased the number of Bitcoins in its possession to over 500.

Japan’s MicroStrategy continues Bitcoin purchases

The Metaplanet company, which made a sound in the world with the Bitcoin investments it started to make at the beginning of this year, announced a new Bitcoin purchase. The Tokyo-based company bought 107.9 BTC worth $6.9 million. The number of BTC in the company’s hands thus increased to 506.7 units.

According to the company’s latest statement, the average purchase was $64,931.

Share value continues to increase

The company, whose shares rose in every Bitcoin purchase announcement, experienced the same situation again. Shares increased by 4.2%. Metaplanet also announced Bitcoin as a reserve asset.

‘Japan’s MicroStrategy’ is also commented for the company.

The US-based MicroStrategy company is the company that owns the most Bitcoin in the world in this sense, with more than 252 thousand BTC…

Bitcoin is trading at the level of $61,500 in the minutes when the news was written.

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