u.today
Japanese publicly traded company Metaplanet has expanded its Bitcoin buying spree, according to a Monday announcement.
The company has bought an additional 38.464 BTC for ¥300 million (roughly $2 million at press time).
As reported by U.Today, Metaplanet’s previous Bitcoin purchase took place on Aug. 20. Back then, it purchased
The cryptocurrency-friendly now holds 398.832 Bitcoins.
Metapanet, which used to be a failing business venture managing low-cost hotels, pivoted to a Bitcoin strategy back in May.
In other news, Japan’s largest power company recently started using excess green power for mining Bitcoin.