Metaplanet’s Total Bitcoin Holdings Exceed 1,000 BTC Following Latest Purchase
Japan-based investment firm Metaplanet has now accumulated over 1,000 Bitcoin (BTC) with its latest acquisition, establishing itself as one of Asia’s largest corporate holders of the digital asset. Metaplanet’s Bitcoin Holdings Top 1,000 BTC In an announcement made on October 28, Tokyo-listed Metaplanet stated it had purchased an additional 156.78 BTC at an average price of $66,436 per BTC. The latest purchase has propelled Metaplanet’s total BTC holdings to 1,018 BTC, acquired at an average price of $61,629. Related Reading: Bitcoin Begins Month With A Rebound As Metaplanet’s BTC....
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Bitcoin (BTC) treasury firm Metaplanet is now valued less than the total amount of BTC it holds on its balance sheet. Metaplanet’s analytics dashboard shows that the firm’s market-to-Bitcoin Net Asset Value (mNAV) ratio recently tumbled below 1. Metaplanet’s Valuation Tumbles Below Its Bitcoin Holdings According to data from Metaplanet’s analytics dashboard, the Japanese investment […]
Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought for approximately 300 million yen ($2 million). The latest purchase brings Metaplanet’s total holdings to 398.832, with a total aggregate cost of 3.75 billion yen ($26 million), averaging slightly above $65,700 per BTC. Related Reading: Research....
Metaplanet, a Tokyo-listed hotel group, is making waves by aggressively beefing up its Bitcoin reserves, a move that’s shaking up traditional corporate finance. The company just added 103 more Bitcoin to its stash, a purchase worth around $11.8M. This brings its total holdings to a whopping 18,991 $BTC, valued at over $2.14B. This puts Metaplanet […]
Bitcoin surged past the $115,000 level just a few hours ago, sparking speculation among investors about the potential for further upside. The move comes after weeks of tight consolidation that began in July, a period marked by choppy trading and indecision. Now, with momentum showing signs of returning, many analysts believe the next breakout could be aggressive, setting the tone for the final quarter of the year. Related Reading: The Bitcoin Long: Bybit Traders Push BTC Taker Buy/Sell Ratio Above 24 The reclaim of $115,000 has reignited bullish sentiment, with traders closely watching....
MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its BTC reserves with a fresh 2,138 […]