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Metaplanet Cranks Up Bitcoin-Buying, Now Holds More Than 15,555 BTC

  • Metaplanet, a Japanese company, has increased its Bitcoin holdings by adding 2,205 BTC, totaling 15,555 BTC at an average price of $108,237 per coin.
  • Metaplanet ranks as the fifth-largest public company in terms of Bitcoin holdings, following MicroStrategy, which holds over 597,000 BTC.
  • Other companies like Strategy, ProCap, and Semler Scientific are also increasing their corporate Bitcoin investments.
  • Critics like Scaramucci and Breed VC caution that the corporate Bitcoin trend may not be sustainable if companies lack strong core businesses to support these treasury plays.

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