Metaplanet Expands Bitcoin Holdings with $28 Million Purchase
- Metaplanet acquired 330 BTC, valued over $28 million.
- The firm now holds a total of 4,855 BTC, worth over $422 million.
- Average purchase price was approximately $85,386 per Bitcoin.
- Since beginning Bitcoin purchases in 2024, Metaplanet’s stock surged by over 1,200%.
- Bitcoin recently traded at about $87,200, marking a nearly 35% increase over the past year.
Japanese investment firm Metaplanet has increased its Bitcoin holdings to 4,855 BTC after acquiring an additional 330 coins for over $28 million. The company’s strategic focus on cryptocurrency has significantly boosted its stock value since it began purchasing Bitcoin in 2024.
Source (2.6)https://decrypt.co/315667/metaplanet-continues-bitcoin-buying-spree-adding-28-million-in-btc-to-holdings?rand=52368
