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Metaplanet Becomes Sixth-Largest Public Bitcoin Holder


by Sohrab Khawas
for Coinpedia
Metaplanet

The post Metaplanet Becomes Sixth-Largest Public Bitcoin Holder appeared first on Coinpedia Fintech News

On September 1, Metaplanet purchased an additional 1,009 Bitcoin for about $112 million, raising its total holdings to 20,000 BTC. The Tokyo-based company bought these coins at an average price of 16.3 million yen each. This purchase helped Metaplanet surpass Riot Platforms, becoming the sixth-largest public Bitcoin holder worldwide. The company’s average BTC cost now stands at 15.1 million yen per coin, demonstrating its strong commitment to Bitcoin as a core reserve asset.

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Metaplanet Adds $109M in Bitcoin

Metaplanet Adds $109M in Bitcoin

The post Metaplanet Adds $109M in Bitcoin appeared first on Coinpedia Fintech News Me...
Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details

Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details

Bitcoin’s (BTC) recent volatility has unsettled investors, as the largest cryptocurre...

Metaplanet Becomes Sixth-Largest Public Bitcoin Holder


by Sohrab Khawas
for Coinpedia
Metaplanet

The post Metaplanet Becomes Sixth-Largest Public Bitcoin Holder appeared first on Coinpedia Fintech News

On September 1, Metaplanet purchased an additional 1,009 Bitcoin for about $112 million, raising its total holdings to 20,000 BTC. The Tokyo-based company bought these coins at an average price of 16.3 million yen each. This purchase helped Metaplanet surpass Riot Platforms, becoming the sixth-largest public Bitcoin holder worldwide. The company’s average BTC cost now stands at 15.1 million yen per coin, demonstrating its strong commitment to Bitcoin as a core reserve asset.

Read the article at Coinpedia

Read More

Metaplanet Adds $109M in Bitcoin

Metaplanet Adds $109M in Bitcoin

The post Metaplanet Adds $109M in Bitcoin appeared first on Coinpedia Fintech News Me...
Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details

Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details

Bitcoin’s (BTC) recent volatility has unsettled investors, as the largest cryptocurre...