$BTC Let's talk about something real in the crypto world! That listed company in Tokyo called Metaplanet has once again increased its Bitcoin holdings!
Just this past weekend, Metaplanet's CEO boldly announced: they invested $117 million and acquired 1,112 Bitcoins!
Calculating it out, the average price per coin is about $105,000. This is quite remarkable, bringing their total Bitcoin holdings to exactly 10,000 coins!
Just think about that scale! When did they start buying? On average, this 10,000 coin stash's acquisition cost is around $94,700.
The key is, look at this year's market! Metaplanet's investment in this 'Bitcoin savings' has skyrocketed to 266.1% returns! In just half a year, nearly three times the profit, it's simply insane!
Oh my! The way this Japanese company treats Bitcoin like government bonds is getting more and more intense!
$117 million just like that, turning a 'small target' into a '10,000 coin milestone'. The critical cost is still well-controlled, around $90,000. With this market recovery, they are really feasting, doubling their investment in just six months, the returns are enough to make anyone envious.
This is no small play; this is a full-on gamble in blockchain asset allocation! Do you think their strategy is bold? Personally, I find it quite astonishing.
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