cryptodnes.bg
Metaplanet Inc., a Tokyo-based investment firm, has recently enhanced its bitcoin holdings by acquiring 108.786 $BTC for approximately 1 billion yen (around $6.7 million).
This purchase brings the firm’s total bitcoin assets to 639.503 $BTC, valued at about $40.6 million.
The firm disclosed that the latest bitcoins were bought at an average price of 9.19 million yen ($61,880) each, while the overall average cost of their holdings stands at 9.32 million yen ($62,789).
Metaplanet has actively pursued bitcoin investments since announcing its strategy in May to integrate bitcoin as a strategic reserve asset. Just a week ago, it had purchased 107.913 $BTC for the same amount.
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Additionally, Metaplanet reported earning around 23.972 $BTC, worth about $1.52 million, by trading bitcoin options, further increasing its bitcoin reserves.
At the time of writing, bitcoin has risen 2.84% and is trading at $63,594 after a recent dip below the $60,000 mark. Meanwhile, Metaplanet’s shares surged by 11% to reach 1,017 yen, coinciding with a 2.2% rise in the Nikkei 225 index.
Data from BitcoinTreasuries indicates that MicroStrategy, led by Michael Saylor, is the largest corporate bitcoin holder, owning 252,220 $BTC, followed by Marathon Digital with 26,842 $BTC.