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Metaplanet Increases Bitcoin Holdings to 43,000 BTC

Published by
Qadir AK

Metaplanet purchased an additional 2,823 Bitcoins during the quarter, investing 35.886 billion yen at an average price of 12.71 million yen per BTC. The acquisition brings the company’s total Bitcoin holdings to 43,000 BTC, acquired at an average purchase price of 15.33 million yen per Bitcoin, with a cumulative investment of 659.256 billion yen. The latest purchase is part of Metaplanet’s ongoing Bitcoin treasury strategy, including acquisitions funded through targeted BTC options transactions.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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