Metaplanet, Smarter Web Add $100M in Bitcoin to Corporate Treasuries
Two publicly listed companies, Japan’s Metaplanet and the United Kingdom’s The Smarter Web Company, have added nearly $100 million worth of Bitcoin to their corporate treasuries. On Tuesday, Metaplanet disclosed that it has purchased 518 Bitcoin (BTC) for around $61.4 million at an average price of $118,519 per coin. The buy lifts the Tokyo-listed firm’s…
