Metaplanet Inc., listed on the Tokyo Stock Exchange (TSE Standard 3350), has announced the acquisition of an additional 319 BTC as part of its ongoing Bitcoin Treasury Operations.
The company, under the leadership of Representative Director Simon Gerovich, purchased the new Bitcoin tranche at an average price of $78,305 per coin, totaling approximately $25.19 million.
Following this acquisition, Metaplanet now holds a total of 4,525 BTC, with an overall average purchase price of $85,665 per Bitcoin.
The cumulative value of the company’s Bitcoin investments stands at around $387.63 million.
This move underscores Metaplanet’s continued commitment to incorporating Bitcoin into its financial strategy.
Kosta Gushterov
Reporter at Coindoo
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Source: https://coindoo.com/metaplanet-expands-bitcoin-holdings-with-latest-purchase/