🔥HOT: Metaplanet buys the dip near 620 Bitcoin, raising total holdings to 1,762 BTC
On December 23, Metaplanet, a Japanese investment company, announced it had purchased 619.7 Bitcoin for a total value of nearly 60 million USD, when the price of Bitcoin was trading at 96,000 USD. This is the largest purchase transaction ever made by the company, bringing their total Bitcoin holdings to 1,762 BTC, worth approximately 168 million USD.
Metaplanet, likened to the "MicroStrategy of Asia," reported a BTC yield increase of 310% in Q4 2024. The company expects to achieve its first operating profit since 2017, with plans to expand its Bitcoin accumulation strategy into an official business segment.
Metaplanet's stock has increased over 2,100% this year thanks to the adoption of Bitcoin, although it has recently seen a slight decline following the latest announcement.
Hope Metaplanet and everyone successfully buy the BTC dip.
