Skip to content

Bitcoin Surge Metaplanet Surpasses El Salvador

Metaplanet Acquires 1,271 Bitcoins, Surpassing El Salvador’s Holdings

  • Metaplanet acquired 1,271 Bitcoins for $126.7 million at a price of $102,111 per BTC.
  • The company’s total Bitcoin reserves now stand at 6,796 BTC.
  • Metaplanet has invested approximately $608.2 million in Bitcoin at an average cost of $89,492 per BTC.
  • The firm has achieved a 170% yield on its Bitcoin investments over the past year.
  • A recent bond issuance aims to raise $25 million for further Bitcoin purchases.

Metaplanet’s recent acquisition of 1,271 Bitcoins brings its total holdings to 6,796 BTC and surpasses El Salvador’s reserves. The company continues to expand its Bitcoin portfolio with plans to reach 10,000 BTC by the end of 2026.

Source (2.6)https://coingape.com/metaplanet-acquires-1271-more-bitcoins-will-btc-rally-this-week/?rand=24432
Share