Metaplanet Ups Bitcoin Holdings: Closer too 210K BTC by 2027 Goal
Metaplanet is making steady progress toward its ambitious objective of amassing 210,000 Bitcoin (BTC) by 2027. Recently,the company added 463 BTC to its reserves.
Thier acquisition cost reached ¥7.995 billion, equivalent to around $55.17 million. At an average price of approximately ¥17.27 million ($119,163) per BTC, this move strengthens their financial position.
- Metaplanet buys 463 BTC.
- Total cost: ¥7.995 billion ($55.17M).
- average price per BTC: ¥17.27 million ($119,163).
This strategic investment underscores Metaplanet’s commitment to integrating Bitcoin into its long-term strategy.
For those less familiar, Bitcoin is a digital currency that operates independently of central banks. It allows for secure online transactions worldwide.
Metaplanet continues to expand its portfolio, ensuring a solid foundation for future growth. By focusing on Bitcoin, they’re positioning themselves well in the ever-evolving crypto landscape. Learn more here.