Bitcoin

<ul class="wp-block-list">
 <li>As per recent filings, Metaplant has bought 57.103 BTC for an average price of 8,756,107 Japanese yen per Bitcoin.&nbsp;</li>
 <li>Metaplant total BTC holding grew to 303.095 BTC, making it one of Asia’s most significant Bitcoin holders.&nbsp;</li>
 <li>Metaplant’s CEO,&nbsp; Simon Gerovich, notes in his X post that the company aims to become one of the leading BTC holders in Asia.&nbsp;</li>
</ul>
As per broader market claims, Bitcoin (BTC) is one of the most credible cryptocurrencies among 13,217 listed cryptos. The surging popularity of the virtual asset has lured global investors, and as per data, over 1.20% of publicly listed institutions hold BTC.
In recent years, Asia and native companies have increased their crypto holdings, and diversification in the Asia market is observed. A recent filing argues that Metaplanet has boosted its Bitcoin holds, as it bought 57.103 BTC for an average price of 8,756,107 Japanese yen per Bitcoin.&nbsp;
*Metaplanet announces ¥10.08 billion Gratis Allotment of Stock Acquisition Rights; proceeds to fund additional purchases of
Following the addition of 57.103 Bitcoins, its total holding reached 303.095 BTC. As per market watchers, the company’s move is directed by the growing reach of Bitcoin globally.&nbsp;
The recent X post of Metaplanet’s CEO created curiosity among crypto enthusiasts and is making things that the company plans to invest more in Bitcoin in the future.&nbsp;
I hope we can say the same in 4 years’ time about
Per the information on LinkedIn, Simon Gerovich joined Metaplant as the Chief Executive Officer in September 2015. Before his term, he was an Ambassador with the Australian Department of Foreign Affairs and Trade.&nbsp;
Simon’s X post, dated August 01, 2024, notes, “We are committed to building Metaplanet for the long term—after all, Rome wasn’t built in a day. Our goal is to become Asia’s leading Bitcoin company.”
We are committed to building Metaplanet for the long term—after all, Rome wasn't built in a day. Our goal is to become Asia’s leading Bitcoin company. We are focused on owning as much Bitcoin as possible over time, and through exciting initiatives like Bitcoin Magazine Japan, we…— Simon Gerovich (@gerovich) 
“We are focused on owning as much Bitcoin as possible over time, and through exciting initiatives like Bitcoin Magazine Japan, we aim to onboard countless individuals into the Bitcoin ecosystem, he said. “Thank you for your continued support and interest in our company. Together, we are shaping the future.” Who Owns the Most Bitcoins? 
Hundreds of people and companies hold Bitcoin in chunks, but it is crucial to note that no one owns the Bitcoin Network.
According to the available information on the internet, Satoshi Nakamoto, the pseudonymous creator of Bitcoin and the miner who created a block of transactions, owns approximately 1.1 Million BTC.&nbsp;
Most of Satoshi’s holdings are the reward he received after mining 22,000 blocks.
Cameron and Tyler Winklevoss, the cofounders of Gemini, a centralized crypto, hold approximately 70k BTC. They bought Bitcoin following their victory against Mark Zuckerberg, the founder of Facebook.&nbsp;
The additional information notes that the pair bought Bitcoins at $10. As of August 2024, their total BTC holdings are now valued at over a Billion dollars.&nbsp;
In an X post of October 2022, Michael Saylor, the founder and chairman of <a href="https://news.todayq.com/court-approves-12-7b-payout-to-ftx-creditors-in-bankruptcy-case/" target="_blank" rel="noopener noreferrer nofollow">MicroStrategy</a>, wrote that he personally owns 17,732 Bitcoins. His company also holds 226,500 BTC as of June 24, 2024.&nbsp; Crypto Market Price Alert 
In the past 24 hours, the global <a href="https://news.todayq.com/virtual-machine-face-off-ethereums-evm-vs-solanas-svm/" target="_blank" rel="noopener noreferrer nofollow">crypto </a>market capitalization has slipped by over 1.20%, reaching $2.08 trillion—bitcoin price bleds 1.20%, reaching below the resistance of $60k.
August 2024 has been the worst month for BTC price as it constantly needs to sustain above the mark of $60k. Despite an intraday decline in the trading volume, a surge of over 10% is seen in its trading volume in the same frame.&nbsp;
Ethereum prices have enjoyed remarkable surges following the approval of its spot ETFs, and total addresses on the ETH chain also grew. At the time of writing ETH is trading at $2,651, with a decline of 1.01%.&nbsp;

Metaplant Boosts Bitcoin Holdings to 303 BTC, Aims to Lead Asia

Todayq News

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