#MetaplanetBTCPurchase š¢
Japanese firm Metaplanet Inc. has solidified its position as a major Bitcoin holder by acquiring an additional 319 BTC for approximately „3.78 billion ($26.3 million) at an average price of $83,147 per coin
This latest purchase brings its total holdings to 4,525 BTC, positioning Metaplanet among the top public companies with significant Bitcoin reserves
Metaplanet's strategic approach involves funding its Bitcoin acquisitions through innovative financial instruments, such as zero-coupon bonds issued to partners like EVO FUND
This method allows the company to expand its crypto treasury while managing shareholder dilution effectively
In the context of global economic uncertainties and fluctuating markets, Metaplanet's aggressive Bitcoin accumulation underscores a growing trend among corporations to adopt cryptocurrencies as a hedge and long-term investment
#Bitcoin #CryptoStrategy #Binance #DigitalAssets #CorporateInvestment