Metaplanet overtakes Toyota in stock value with strategic Bitcoin investments.
Metaplanet, a Japanese hotel developer and Bitcoin (BTC) investor, exceeded the stock value of Toyota, one of the world’s largest car manufacturers, by recording transactions worth over 50 billion yen (332.6 million dollars) on the Tokyo Stock Exchange. Simon Gerovich, CEO of Metaplanet, announced this news after buying 150 new Bitcoins, bringing the company’s total Bitcoin assets to 3,350 units. Gerovich attributed this success to investing in Bitcoin and having the world’s best shareholders.
