Metaplanet Acquires an Additional 5,419 Bitcoin for $633 Million
Metaplanet’s latest Bitcoin acquisition further strengthens its treasury strategy, bringing its total holdings to 25,555 BTC, valued at approximately 398.2 billion yen.
BTC
Summary
Metaplanet Inc. has acquired 5,419 additional BTC for 93.646 billion yen, increasing its total Bitcoin holdings to 25,555 BTC. The company’s total acquisition cost now stands at 398.209 billion yen, reflecting a continued commitment to its Bitcoin treasury strategy.
Terms & Concepts
- Bitcoin (BTC): A decentralized digital currency that can be transferred on a peer-to-peer network without the need for intermediaries like banks.