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5,419 BTC Acquisition Pushes Metaplanet’s Holdings to $2.71 Billion Portfolio Value


by Chayanika Deka
for CryptoPotato
5,419 BTC Acquisition Pushes Metaplanet’s Holdings to $2.71 Billion Portfolio Value

Japanese Bitcoin treasury firm Metaplanet has deepened its crypto bet with its biggest purchase yet after adding 5,419 BTC for roughly $632.5 million at an average price of $116,724.

The move has boosted the company’s total holdings to 25,555 BTC, which were accumulated for about $2.71 billion at an average cost of $106,065 per BTC, according to CEO Simon Gerovich.

Read the article at CryptoPotato

Read More

Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Social interest in Bitcoin crashes, and Wedson predicts retail excitement will return...
Strategy Joins Metaplanet With Another Bitcoin Purchase

Strategy Joins Metaplanet With Another Bitcoin Purchase

The company now holds 639,835 BTC.

5,419 BTC Acquisition Pushes Metaplanet’s Holdings to $2.71 Billion Portfolio Value


by Chayanika Deka
for CryptoPotato
5,419 BTC Acquisition Pushes Metaplanet’s Holdings to $2.71 Billion Portfolio Value

Japanese Bitcoin treasury firm Metaplanet has deepened its crypto bet with its biggest purchase yet after adding 5,419 BTC for roughly $632.5 million at an average price of $116,724.

The move has boosted the company’s total holdings to 25,555 BTC, which were accumulated for about $2.71 billion at an average cost of $106,065 per BTC, according to CEO Simon Gerovich.

Read the article at CryptoPotato

Read More

Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Social interest in Bitcoin crashes, and Wedson predicts retail excitement will return...
Strategy Joins Metaplanet With Another Bitcoin Purchase

Strategy Joins Metaplanet With Another Bitcoin Purchase

The company now holds 639,835 BTC.