Metaplanet In Jeopardy: Bitcoin Needs To Surpass $108,000 By December 18 To P...

Metaplanet In Jeopardy: Bitcoin Needs To Surpass $108,000 By December 18 To P...

Metaplanet, often dubbed Japan’s MicroStrategy for its adoption of Michael Saylor’s Bitcoin investment strategy, is nearing a critical juncture as Bitcoin (BTC) retraces below 30% of its all-time highs in under a month.  Metaplanet Bitcoin Holdings Plummet As of November 26, Metaplanet ranks as the fourth largest public Bitcoin treasury company, holding just over 30,000 BTC valued at approximately $2.7 billion, with an average acquisition cost of around $108,000 per coin. Currently, Bitcoin is trading at approximately $87,700, placing the firm at a nearly 17% loss on its investments.....


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