Metaplanet tops $400M Bitcoin holdings with new $28M purchase

Metaplanet Boosts Bitcoin Holdings with $28.2M Purchase

KEY FACTS: Metaplanet has solidified its position as Asia’s largest corporate Bitcoin holder and the world’s 10th-larg... by uyobong

Metaplanet Continues Bitcoin Buying Spree, Adding $28 Million in BTC to Holdings

The Japanese investment company owns 4,855 digital coins.

Metaplanet Becomes Asia's Largest Corporate Bitcoin Holder After New Purchase

Japanese investment firm Metaplanet has increased its Bitcoin holdings to more than $400 million following its latest purchase. The company acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, according to an April 21 post from CEO Simon Gerovich.This acquisition brings Metaplanet's total holdings to 4,855 Bitcoin worth approximately $414 million. The firm's Bitcoin yield has exceeded 119% year-to-date after this latest…

Arthur Hayes Warns That the End of Five-Digit Bitcoin Is Near - The Cryptocurrency Post

TL;DR Arthur Hayes warns this could be the last chance to buy Bitcoin below $100,000, driven by liquidity from Treasury buybacks. The weakening of the dollar and the expansion of the monetary base increase Bitcoin’s appeal as a hedge against inflation. Institutional funds like Metaplanet are already increasing their BTC exposure, accumulating over $400 million as part of a defensive strategy. Arthur Hayes, co-founder of BitMEX and current Chief…

Metaplanet tops $400M Bitcoin holdings with new $28M purchase - WorldNL Magazine

Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase.Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of Metaplanet.The firm’s Bitcoin yield surpassed 119% year-to-date after its latest investment.Source: Simon G…

Metaplanet tops $400M Bitcoin holdings with new $28M purchase - TECHTELEGRAPH

Japanese investment firm Metaplanet has increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing the investment firm’s total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of Metaplanet. The firm’s Bitcoin yield surpassed 119% year-to-date after its latest in…