Metaplanet Buys Additional ¥1.92 Billion Worth Of Bitcoin
Bitcoin Magazine Metaplanet Buys Additional ¥1.92 Billion Worth Of Bitcoin Japanese public firm reaches the halfway mark to 10,000 BTC goal with the latest purchase, bringing total holdings to 5,000 BTC acquired for $428.1 million. This post Metaplanet Buys Additional ¥1.92 Billion Worth Of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
Bitcoin Magazine
Metaplanet Buys Additional ¥1.92 Billion Worth Of Bitcoin
Metaplanet Inc. has acquired an additional 145 bitcoin for approximately ¥1.926 billion ($13.6 million), reaching a significant milestone of 5,000 BTC in total holdings. The Tokyo Exchange-listed company executed the purchase at an average price of ¥13,280,472 ($93,327) per bitcoin.
Metaplanet’s bitcoin treasury is acquired for $428.1 million, with an average acquisition cost of $85,621 per coin. “This is a big step forward in our aim to become one of the world’s leading bitcoin holding companies,” Metaplanet CEO Simon Gerovich said in a statement. “We will lead the global bitcoin race from Japan.”
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