Metaplanet significantly increased its Bitcoin holdings during the second quarter by acquiring 2,823 BTC, bringing its total Bitcoin assets to over 43,000 BTC, CoinTelegraph reported. The company also managed to reduce its average acquisition cost to $106,500 per Bitcoin.
Alongside this accumulation, Metaplanet generated $10.9 million in revenue through its income generation strategy, highlighting the firm's active approach to maximizing returns on its crypto portfolio.
For Japanese investors, this move reflects a growing trend among institutional players to deepen exposure to Bitcoin despite recent market volatility, signaling confidence in digital assets as part of diversified portfolios.