Metaplanet adds 2,823 bitcoin to holdings in Q2, bringing total to 43,000 BTC
The Block·
60-second summary
Metaplanet is adding 2,823 bitcoin to its holdings in Q2, bringing the total to 43,000 BTC, a significant expansion of its existing portfolio. The company spent $222 million on the purchase, translating to $78,608 per bitcoin. This substantial investment underscores Metaplanet's growing confidence in the cryptocurrency market and its potential long-term growth prospects.
Metaplanet spent $222 million on the bitcoin purchase during the second quarter, translating to $78,608 per bitcoin.