Metaplanet Buys 1,111 Bitcoin for $117M, Pushes Total Holdings to Over 11K BTC

4 hours ago

Metaplanet, the Tokyo-listed edifice steadfast known for its bitcoin BTC acquisition strategy, has acquired 1,111 bitcoin for $117 million.

The steadfast bought bitcoin astatine an mean terms of astir $105681 per BTC. The crypto markets fell during the play aft U.S. bombed respective atomic sites successful Iran, pushing bitcoin to lows of $98,000.

Bitcoin has recovered from the play autumn and is present trading implicit $101,000 astatine the clip of writing.

The latest acquisition pushes Metaplanet's full BTC stash to 11,111 bitcoin, worthy implicit $1.1 billion, with an mean buying terms of $95,7000.

View source