Fidelity has emerged as the largest shareholder of the Japan-based Bitcoin treasury company Metaplanet, holding 12.9% of shares via its subsidiary National Financial Services. The company’s stock has experienced volatility, falling 8% today amid Bitcoin profit-taking.
Metaplanet has set an ambitious target to acquire 210,000 BTC by the end of 2027. Following a recent purchase of 797 BTC, it holds a total of 16,352 BTC, equaling a substantial investment of approximately 1.64 billion USD.
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