Japan's Metaplanet tops up Bitcoin portfolio in latest purchase
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Under the leadership of its Chairman Michael Saylor, MicroStrategy stacks Bitcoin regularly. Its last buy-up came in March when it acquired 12,000 BTC for $821.7 million. At the moment, the firm now holds a total of 214,246 tokens valued at around $14 billion. As U.Today MicroStrategy’s aggressive approach involves selling Convertible Senior Notes with the proceeds injected into the asset. Thus far, the move has paid off, and it remains unclear how long Metaplanet plans to sustain its strategy.
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