Metaplanet buys 8,888 BTC, becomes 9th largest Bitcoin holder worldwide

Share via:


Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia.

The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post.

The latest acquisition pushed Metaplent’s total holdings to over 8,888 BTC, making it the world’s ninth-largest corporate Bitcoin holder, surpassing Galaxy Digital Holdings’ 8,100 BTC,



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Metaplanet buys 8,888 BTC, becomes 9th largest Bitcoin holder worldwide


Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia.

The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post.

The latest acquisition pushed Metaplent’s total holdings to over 8,888 BTC, making it the world’s ninth-largest corporate Bitcoin holder, surpassing Galaxy Digital Holdings’ 8,100 BTC,



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Learn what makes a pitch land at Disrupt 2025

Perfect your pitch for maximum impact. Investors hear...

World Economic Forum features 10 Indian startups as Tech...

The World Economic Forum (WEF) has featured 10...

Popular

Upcoming Events

afasdfhgsd afasghsd afadshdfgsd afasdfghsd afdfgasd afwreasd aferfgsdgasd aerfasd afaadfsd afasd afaassd