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Metaplanet Makes Significant Move in Bitcoin Market
Metaplanet Purchases 156 BTC for $13.4 Million
Metaplanet, a publicly traded company, has made a significant move in the bitcoin market by purchasing 156 BTC for $13.4 million at a price of $85,590 per bitcoin.
As a result, Metaplanet has achieved a BTC yield of 31.8% year-to-date. As of March 3, Metaplanet now holds 2,391 BTC, with a total amount of $196.3 million at an average price of $82,100 per bitcoin.
Metaplanet Invited to Introduce Platforms and Functions to NYSE and Nasdaq
According to Simon Gerovich, CEO of Metaplanet, the company has been formally invited by the New York Stock Exchange (NYSE) and Nasdaq to introduce their platforms and functions.
“We are considering the best way to make Metaplanet shares more accessible to investors around the world,” Gerovich said in an X post.
Metaplanet’s Bitcoin Strategy Generates $21.3 Million Profit
Metaplanet has generated a profit of $21.3 million on its bitcoin strategy, while its shares are up 20% in Monday’s market, with shares at 4,010 yen.
Metaplanet became the second publicly traded company to announce they purchased the bitcoin dip after Bitdeer Technologies said they purchased more.
FAQs
Q: What is Metaplanet?
A: Metaplanet is a publicly traded company.
Q: How much did Metaplanet purchase in BTC?
A: Metaplanet purchased 156 BTC for $13.4 million.
Q: What is the current value of Metaplanet’s BTC holdings?
A: As of March 3, Metaplanet’s current value of BTC holdings is $196.3 million.
Q: What is the average price of bitcoin held by Metaplanet?
A: The average price of bitcoin held by Metaplanet is $82,100.
Q: Who is the CEO of Metaplanet?
A: Simon Gerovich is the CEO of Metaplanet.