Metaplanet has added 1.111 Bitcoins to its kitty on Monday, June 23, taking its total Bitcoin holdings to 11,111 BTC and thereby becoming the eighth largest company, overtaking Hut8. This comes as the BTC offers a buy-the-dip opportunity, after slipping under $100K earlier today following the escalating Iran-Israel conflict over the weekend. Despite today’s Bitcoin purchases, the Japanese firm’s stock is down 4% today amid rising geopolitical tensions.
Metaplanet Adds 1,111 Bitcoins But Stock Tanks 4% On Iran-Israel Conflict
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