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Japanese investment firm Metaplanet acquired $12.6M in Bitcoin after appointing Eric Trump to its advisory board, marking a significant pivot toward digital assets.
What’s the Scoop?
- Significant BTC Purchase: Japanese investment firm Metaplanet has purchased 150 BTC, valued at $12.6 million, expanding its cryptocurrency portfolio.
- Eric Trump Joined Advisory Team: The firm made the acquisition shortly after appointing Eric Trump to its advisory board, signaling a strategic commitment to digital assets.
- Institutional Interest Grows: This move reflects the growing appeal of Bitcoin as a store of value and a hedge against traditional market fluctuations among institutional investors.