Tokyo-based Metaplanet is actively broadening its strategy in the cryptocurrency market. The company announced the purchase of 497 Bitcoins for a total of $43.9 million. With this acquisition, its total Bitcoin 
$89,073 holdings have increased to 2,888, drawing significant attention in the market.
Metaplanet aims to acquire 10,000 Bitcoins by 2025 and 21,000 by 2026. Reports indicate that the company purchased Bitcoins at an average price of $88,448 per transaction. The company plans to regularly make purchases to expand its portfolio in line with its objectives.
To support its investments, Metaplanet has turned to new funding sources. The company announced a fundraising initiative to collect $745 million. It plans to increase its investment capacity through alternative financing methods, which is viewed as part of its growth strategy.
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