Fidelity Investments’ custody arm, National Financial Services, has secured a notable stake in Metaplanet.
The firm acquired 84.4 million shares, worth approximately $820 million, which gave it a 12.9% stake in the Bitcoin
BTC
$116 748
24h volatility:
4.6%
Market cap:
$2.32 T
Vol. 24h:
$70.83 B
treasury company.
Currently, Fidelity’s National Financial Services is the largest shareholder of the Japanese financial leader.
Fidelity’s Deal With Metaplanet Brings It Closer to Strategy
National Financial Services LLC is a wholly owned subsidiary of Fidelity Investments and is
now Metaplanet’s largest stakeholder. It secured this position after purchasing 84.4 million shares at a value of approximately $820 millio
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