Metaplanet buys more bitcoins, holding a total of 8888 BTC, is it all set to the moon?
Japan's MicroStrategy Metaplanet announced the purchase of an additional 1,088 bitcoins, bringing its total holdings to 8,888 BTC. As Japan's largest bitcoin reserve company, Metaplanet has recently shown impressive stock performance, ranking first in volatility and experiencing significant short selling. At the same time, listed in both Japan and the United States, Metaplanet has become a new target for arbitrageurs.
(New investment opportunities in bitcoin enterprises! Comprehensive analysis of Japan's Metaplanet investments)
Metaplanet has purchased an additional 1,088 bitcoins, holding a total of 8,888 BTC.
Japan's MicroStrategy Metaplanet announced the purchase of an additional 1,088 bitcoins at an average purchase price of 15,519,019 yen per coin, with a total purchase amount reaching 16.885 billion yen. Currently, the company holds a total of 8,888 bitcoins, with a cumulative purchase cost of 122.269 billion yen and an average purchase price of 13,756,658 yen per coin. Based on the current exchange rate of 143.5 yen to the dollar, the average cost is $95,186.5 per bitcoin.
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