Bitcoin

Million

<p>The post <a href="https://coinpedia.org/crypto-live-news/metaplanet-purchases-additional-btc-worth-1-6-million/" rel="noopener noreferrer nofollow">Metaplanet Purchases Additional BTC Worth $1.6 Million</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The Japanese public company Metaplanet has purchased an additional 23.351 Bitcoins worth $1.6 million. These Bitcoins were acquired at an average price of 10,706,180 yen per Bitcoin, with the total amount purchased being 250 million yen. Metaplanet’s total Bitcoin holdings now stand at 141.0727 Bitcoins, with an average price of 10,278,391 yen per Bitcoin, amounting to 1.45 billion yen. This follows their previous disclosure on May 28, 2024. Notably, Metaplanet is adopting Bitcoin as a reserve asset to hedge against Japan’s debt burden and yen volatility.</p>

Metaplanet Purchases Additional BTC Worth $1.6 Million

CoinPedia News

Other articles published on Jun 11, 2024

SEC Reviews ProShares’ Ethereum ETF Application

Harga BNB Bisa Naik 800% Lagi? Ini Kata Analis

Shiba Inu Declines 25% in Two Weeks Amid Slump in Crypto Market

Solana And Ethereum Face Challenges As Furrever Token Shines With Innovative 10% Referral Bonuses...

Cardano CEO Discusses Blockchain Evolution Amid BlockDAG Developments; Chainlink Price Experience...

Qubetics Whitelist's Magnificent Victory in the Cryptocurrency Space against Bitcoin and VeChain

Join our free newsletter for daily crypto updates!