Metaplanet Raises Bitcoin Holdings to 44,000 BTC After Q3 Purchase

The post Metaplanet Raises Bitcoin Holdings to 44,000 BTC After Q3 Purchase appeared first on Coinpedia Fintech News

Metaplanet bought 1,000 BTC on a net basis in Q3, taking its total holdings to 44,000 BTC as of Sept. 30. The Tokyo-listed firm sold 10,000 BTC and later bought 11,000 BTC to show it could convert Bitcoin into cash when needed. The move was aimed at strengthening its credit position and access to financing. …