Earlier this week, banking giant Citigroup purchased nearly 1 million Metaplanet shares, the biggest public holder of Bitcoins in Japan. The Japanese firm is emerging as a strong Bitcoin proxy bet, gathering massive institutional interest, with its stock price gaining 400% since the beginning of 2025, hitting a new 12-year high above 1,800 JPY level.
The post Citigroup Purchases 1M Metaplanet Shares As Stock Price Hits 12-Year High appeared first on CoinGape.