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Metaplanet acquires 330 BTC in the middle of the instability of the current cryptography market

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  • Metaplanet announced the acquisition of an additional 330 BTC, increasing its total assets to 4,855 BTC. This last purchase, estimated at around $ 28.2 million, marks the company’s third acquisition of Bitcoin this month, despite continuous uncertainties of the cryptocurrency market linked to recent American tariff measures.

    The purchase was made at an average price of 12.18 million Japanese yen, or $ 85,605 per bitcoin. This strategic decision occurs while Bitcoin is experiencing a rally, exceeding $ 87,000 for the first time since April 2, the crypto negotiating at $ 87,279 at the time of publication. The price of Bitcoin has increased by 2.5% in the last 24 hours.

    Metaplanet began its Bitcoin accumulation strategy in April 2024, acquiring 809 BTC during the month. The company aims to achieve an end -of -year goal of 10,000 BTC. The average purchase price of Metaplanet’s assets amounts to $ 89,928, solidifying its position as the largest holder of Bitcoin d’Entreprise de Asia and the 10th largest in the world.

    In a parallel development, Michael Saylor’s strategy (formerly Microstrategy), an important figure in corporate bitcoin investment, revealed that he added 3,459 BTC to his reserves last week. This brought his total assets to 531,644 BTC.

    Despite unrealed losses of $ 5.91 billion on its Bitcoin assets in the first quarter, Saylor expressed his confidence that prices do not dissuade future purchases.

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    post url: https://altcoin.observer/metaplanet-acquires-330-btc-in-the-middle-of-the-instability-of-the-current-cryptography-market/

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