Asian firms ramp up Bitcoin buys: Metaplanet, HK Asia lead charge 🏯
Asian investment firms are enhancing their Bitcoin acquisition strategies, led by Japan's Metaplanet and Hong Kong's HK Asia Holdings. Metaplanet recently acquired 145 Bitcoin for approximately $13.4 million, aiming to reach 10,000 BTC by 2025.
HK Asia Holdings plans to raise $8.35 million through new shares and convertible notes, potentially for further Bitcoin acquisitions. This follows their initial Bitcoin purchase in February, which doubled their share price in a day.
Inspired by Michael Saylor's Strategy, which holds over 538,200 BTC, these firms are pioneering corporate Bitcoin accumulation through similar financial strategies.
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