Is This Company About to Out-Bitcoin Tesla? đ€Ż
Metaplanet, a Japanese firm, just went on another Bitcoin buying spree, snatching up 1,111 more BTC! đ„
They're now holding a whopping 11,111 Bitcoin, getting super close to Tesla's 11,509 BTC stash. At this rate, they might just overtake Elon's company soon! đ
They dropped about $117 million on this purchase, averaging around $105,500 per coin. Even with the recent dip, their average cost is still lower, sitting at $95,560 per Bitcoin. Smart move! âĄïž
More and more companies are jumping into Bitcoin treasuries, seeing the potential in holding BTC. Are you keeping an eye on this trend?
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