Metaplanet trading volume reaches $ 12.8 billion amid plans to acquire digital banks star-news.press/wp

The Japanese investment giant metaplanet witnessed that the volume of stock trading rises to $ 12.8 billion in June, as it continues to accumulate bitcoin strongly. With plans to take advantage of Crypto’s possessions to obtain cash -generating companies, including a possible digital bank in Japan, Metapanet is making major moves in the financial ecosystem.

The volume of trading in Metaplanet ranges in Toyota and Sony

According to the recent Reuters report, Metaplanet, the largest general holder in Asia in Bitcoin, showed great growth. According to what was reported, the platform trading volume increased to 1.86 trillion yen, equivalent to $ 12.87 billion, in June. The folder outperformed the Great Japanese companies, Toyota Motor and Sony Group, with Metaplanet ranking behind Advantest in the Prime Market.

in X post Earlier today, CEO Simon Jairovic wrote, “Metaplanet 1.86 trillion yen registered in the trading value in June, and the standard market is issued. Trading volume exceeds the main main market shares like Toyota and Sony.”

On the last day, Metaplanet acquired 2,205 BTC, at a value of 31.7 billion yen, as part of the aggressive bitcoin accumulation strategy. The company is expected to continue its strategy to strike the ambitious targets of 100,000 BTC by 2026 and 210,000 BTC by 2027.

As of the time of the press, the price of Metaplanet Inc. 1565 yen, an increase of 0.85 %. Over the course of last month, the share price increased by 16 % and 337 % huge over the past six months.

Metaplanet plans to buy the digital bank

As part of the Bitcoin Strategy for the Investment Giant, Metaplanet plans to use its property to gain money generation, and perhaps including the Japanese Digital Bank. The company announced its potential decision to use BTC as a guarantee to reach financing. Consequently, it can be used to acquire a digital bank in Japan, providing reinforced digital banking services.

In a recent interview with him, CEO Girovic revealed the company’s plans to assemble BTC strongly to use for future expansion. He pointed out,

We are thinking about it as the Bitcoin’s gold rush. We need to collect the largest possible bitcoin … to reach a point where we have reached the speed of escape and make it very difficult for others to catch up with.

The platform witnessed a 42 % increase in Bitcoin’s income generation in the second quarter. The bold acquisition strategy of Bold BTC not only exceeded the S&P 500 revenue estimates, but also pushed it to the fifth largest general holder in Bitcoin. Originally, Metaplanet diversity hotel operator in Bitcoin, where 15555 BTC accumulates since the start of investment strategies in the cryptocurrency in 2024 as an enlarged flow.

This strategic shift emphasizes the company’s confidence in Bitcoin’s long capabilities and its commitment to becoming a major player in the area of ​​digital assets.

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NYNU V Jamal is a great journalist in Coingape. It is proud of more than 3 years of experience in writing content, with experience in Crypto and Blockchain. It has contributed to platforms such as Comeption and Cryptotale, which indicates its efficiency in the movement of dynamic encryption. In addition to its press endeavors, NYNU is a literary enthusiastic, as she worked as an assistant professor in English and literature. She is a master’s degree holder in English literature and UGC net qualifiers. Her academic background enabled her to publish research papers on literature, while caring for her creative aspect as a published poet. Its creative side extends to music, crafts and art, which she actively explores. Its unique mixture of analytical and creative skills allows it to formulate attractive stories that capture the masses. Stay up update with Nynu on LinkedIn

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