Metaplanet Expands Bitcoin Holdings with 696 BTC Purchase
Japanese investment firm Metaplanet has acquired an additional 696 BTC, as announced alongside its Q1 results for its bitcoin income generation business. The latest purchases were made through the assignment of previously sold cash-secured put options, with an average acquisition price of 14,586,230 yen ($97,512) per bitcoin, totaling 10.152 billion yen ($67.9 million). Metaplanet’s bitcoin…