🚨 Citigroup Bets Big on Bitcoin Proxy — Buys 1M Metaplanet Shares Amid 12-Year Stock High

🌐 In a bold move reflecting rising institutional confidence in digital assets, Citigroup has purchased 962,000 shares of Metaplanet, Japan’s largest publicly traded Bitcoin holder.

🚀 This comes as Metaplanet’s stock surges 400% YTD, hitting a 12-year high above ¥1,800.

🏦 Capital Group also jumped in, acquiring 1.8 million shares last week alone.

🔍 Why it matters:

🔗 Metaplanet is fast becoming Asia’s MicroStrategy, serving as a proxy Bitcoin play for traditional investors.

🏛 Institutional appetite for crypto-aligned equities is clearly accelerating — a signal of shifting strategy on Wall Street.

📊 This may be just the beginning of legacy finance bridging into Bitcoin exposure via public market plays.

#Bitcoin #Citigroup #Metaplanet #InstitutionalInvesting #CryptoEquities

https://coingape.com/news/stocks/citigroup-purchases-1m-metaplanet-shares-as-stock-price-hits-12-year-high/