TechFlow news, on October 15, according to Cointelegraph, Japanese publicly listed company Metaplanet has doubled its Bitcoin holdings this month, purchasing over 450 BTC across four acquisitions. Today, Metaplanet announced another purchase of approximately 107 bitcoins worth around $6.7 million. The company's stock rose 15.7% today. This recent accumulation brings Metaplanet’s total BTC holdings to 855.5 bitcoins. Since announcing its Bitcoin investment strategy in early April, Metaplanet’s share price has surged 480%. Metaplanet CEO Simon Gerovich said the company's Bitcoin investment strategy was inspired by MicroStrategy and its Executive Chairman Michael Saylor, whose firm currently holds over 252,000 bitcoins worth $16.45 billion. According to data from Bitcoin Treasuries, Metaplanet ranks 23rd among public companies in terms of Bitcoin holdings.
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