Metaplanet Expands Bitcoin Holdings with New Purchase of 156 BTC

Metaplanet recently made waves by acquiring an additional 156 BTC at a price of $85,590 per bitcoin, totalling $13.4 million in this transaction. Following this purchase, the company’s total Bitcoin holdings have increased to 2,391 BTC, amounting to a valuation of approximately $196.3 million, with an average purchase price of $82,100 per Bitcoin.

Key Points:

• Metaplanet has achieved a BTC yield of 31.8%.
• The company’s shares experienced a 20% increase, currently trading at 4,010 yen.

In relation to this purchase, Simon Gerovich, the CEO of Metaplanet, mentioned, “We are considering the best way to make Metaplanet shares more accessible to investors around the world.” He also confirmed that Metaplanet was invited by the New York Stock Exchange and Nasdaq to present their platforms and functionalities.

Moreover, Metaplanet is now trending due to being one of the few publicly traded entities making significant investments in Bitcoin, following the lead set by Bitdeer Technologies, which also announced new Bitcoin purchases.

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