Metaplanet Targets 470% Bitcoin Increase, Appoints Eric Trump to Advisory Board

Metaplanet, a Japanese public company often referred to as ‘Asia’s MicroStrategy,’ has expanded its Bitcoin investment by purchasing an additional 319 BTC for approximately $26.3 million, increasing its total holdings to 4,525 BTC. This move is part of Metaplanet’s strategy to bolster its Bitcoin treasury operations amid growing tension over U.S. trade tariffs. The acquisition was made at an average price of $83,147 per Bitcoin, bringing the total cost basis of Metaplanet’s Bitcoin holdings to $408.1 million with an average purchase price of $90,194. The company aims to increase its Bitcoin holdings by 470% by the end of the year, targeting a total of 10,000 BTC. Last month, Metaplanet appointed Eric Trump to its newly formed Strategic Advisory Board, citing his business expertise and passion for Bitcoin. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant