$BTC
Metaplanet Increases Its Bitcoin Reserves to 7,800 with the Purchase of 1,004 BTC Metaplanet Inc, a publicly traded bitcoin treasury firm based in Japan, has announced the acquisition of an additional 1,004 bitcoins, bringing its total reserves to 7,800 BTC. This latest transaction was conducted at an average price of 15,134,304 yen per bitcoin, representing a total investment of approximately 15.195 billion yen. The company reported a return of 41.7% on BTC for the period from July 1 to September 30, 2024, and a remarkable 309.8% for the subsequent quarter. Metaplanet Inc. continues to utilize its Bitcoin Treasury Operations to maximize value for its shareholders, focusing its efforts on increasing its bitcoin reserves while reducing the effects of dilution.
