🇯🇵 Metaplanet Now Holds US$2 Billion in Bitcoin After Acquiring Hundreds of Coins
Metaplanet, a Japanese investment company, now officially holds 17,595 BTC valued at US$2 billion after acquiring 463 BTC worth US$53 million on Monday (04/08).
📌 The average purchase price for the latest acquisition is US$117,472 per BTC, and this move is part of the company's long-term strategy to make Bitcoin a primary reserve asset.
📈 They are also using the metric “BTC Yield” to measure the performance of their accumulation strategy, which now stands at 24.6%, indicating positive growth although not as high as the previous quarter.
💡 Metaplanet believes this strategy will provide long-term value for its shareholders.
🔍 Disclaimer: Not financial advice. Do your own research (DYOR).
