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#MetaplanetBTCPurchase
Japanese investment firm Metaplanet has significantly expanded its Bitcoin holdings, acquiring an additional 619.7 BTC for approximately $60 million. This purchase brings its total Bitcoin reserves to 1,762 BTC, valued at around $168 million, with an average acquisition price of $75,600 per BTC . Metaplanet has funded these acquisitions through various capital market activities, including bond issuances . The firm views Bitcoin as a strategic reserve asset to mitigate risks associated with Japan's debt burden and currency volatility . This aggressive investment strategy has led to a substantial increase in its stock price, reflecting growing investor confidence.
php.cn
+11
The Block
+11
BTCC Crypto Exchange
+11
Hashtags:
#Metaplanet #BitcoinInvestment #CryptoStrategy #BTCReserves #JapaneseFinance #DigitalAssets
Japanese investment firm Metaplanet has significantly expanded its Bitcoin holdings, acquiring an additional 619.7 BTC for approximately $60 million. This purchase brings its total Bitcoin reserves to 1,762 BTC, valued at around $168 million, with an average acquisition price of $75,600 per BTC . Metaplanet has funded these acquisitions through various capital market activities, including bond issuances . The firm views Bitcoin as a strategic reserve asset to mitigate risks associated with Japan's debt burden and currency volatility . This aggressive investment strategy has led to a substantial increase in its stock price, reflecting growing investor confidence.
php.cn
+11
The Block
+11
BTCC Crypto Exchange
+11
Hashtags:
#Metaplanet #BitcoinInvestment #CryptoStrategy #BTCReserves #JapaneseFinance #DigitalAssets
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