March 3, 2025, 9:40 UTC
Metaplanet (3,350) purchased 156 BTC for $13.4 million at a price of $85,590 per Bitcoin. As a result, the company’s BTC has returned 31.8% year-to-date. As of March 3, Metaplanet now owns 2,391 BTC with a total value of $196.3 million at an average price of $82,100 per Bitcoin.
Moreover, as Simon Gerovich, CEO of Metaplanet, reported, the company has received an official invitation from the New York Stock Exchange (NYSE) and Nasdaq to present its platforms and features.
“We are looking at the best ways to make Metaplanet shares more accessible to investors around the world,” Gerovich said in a statement to X.
Metaplanet has made about $21.3 million in profits thanks to its bitcoin strategy, and its shares have risen 20% in Monday’s market to reach 4,010 yen.
Metaplanet has become the second public company to announce it is buying bitcoin on the downside after Bitdeer Technologies said it was buying more shares.
Your email address will not be published. Required fields are marked *
[…] January 2022, the number of cryptocurrencies existing in the market increased by 1 thousand. This implies that each new…
Your writing is like a breath of fresh air in the often stale world of online content. Your unique perspective…
I would like to share my story and express my great gratitude to Maria. My husband Alexander was literally taken…