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‘Asia’s MicroStrategy’ Metaplanet announces newborn Bitcoin purchase, boosts holdings to $14.5 meg – Notice Today Online

Key Takeaways

  • Metaplanet acquired $1.4 meg worth of Bitcoin.
  • This is Metaplanet’s ordinal Bitcoin acquire in the terminal quaternary months.

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Metaplanet, the Asian open consort ofttimes compared to MicroStrategy, has purchased 21.88 Bitcoin (BTC), worth 200 meg Asian Yen ($1.4 million), the consort mutual in a weekday post. The stylish acquisition brings its amount BTC holdings to 225.6 BTC, valued at over $14.5 million.

The acquire follows the past digit prefabricated terminal hebdomad when the consort declared it additional ¥400 meg worth of Bitcoin to its portfolio. The cipher acquire toll per Bitcoin is around $62,800, Metaplanet noted.

Metaplanet has steadily acquired BTC since Apr this year. The consort has prefabricated Bitcoin its capital deposit jock asset, with the content of increasing investor continuance finished strategic, continual Bitcoin accumulation.

Metaplanet’s Bitcoin-centric strategy is kindred to another field companies same MicroStrategy. As of July 15, MicroStrategy holds 226,331 BTC, worth around $14,6 billion, according to BitcoinTreasuries.net.

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Source Link: https://cryptobriefing.com/metaplanet-acquires-bitcoin-mid-july/

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