Japanese bitcoin treasury firm Metaplanet has expanded its holdings with the acquisition of 136 BTC for roughly $15.2 million, in keeping with an organization announcement on Monday.
Newest acquisition particulars
Metaplanet CEO Simon Gerovich revealed on X that the latest buy was made at a median worth of about $111,666 per bitcoin.
This brings the agency’s complete bitcoin stash to twenty,136 BTC, acquired at a median worth of $103,196 per coin.
The corporate’s cumulative funding now stands at roughly $2.08 billion.
For up-to-date info on Metaplanet’s bitcoin holdings, see the Metaplanet bitcoin treasury tracker.
In keeping with trade information, Metaplanet is now the sixth-largest publicly traded company holder of bitcoin, trailing solely Technique, Mara, XXI, Bitcoin Commonplace Treasury Firm, and Bullish.
Michael Saylor’s Technique continues to guide the rankings with 636,505 BTC.
Market response and worth context
Following the announcement, Metaplanet’s inventory slipped 1.2% round noon in Japan, and its U.S.-traded shares closed down 1.6% at $4.86 on Friday.
Regardless of a 30% drop over the previous month, the inventory stays up 101% year-to-date.