menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Metaplanet...
source image

Cryptopotato

2w

read

431

img
dot

Image Credit: Cryptopotato

Metaplanet Increases Bitcoin Holdings to 4,046 BTC with Latest Acquisition

  • Tokyo-based firm Metaplanet has increased its Bitcoin holdings to 4,046 BTC with a recent acquisition.
  • The company purchased an additional 696 BTC through its Bitcoin Income Generation business, using the strategy of selling cash-secured put options.
  • The total value of this acquisition is approximately 10.15 billion yen ($73.5 million), with an average purchase price of 14,586,230 yen ($105,700) per Bitcoin.
  • Metaplanet's Bitcoin acquisition strategy aims to expand its Bitcoin portfolio while improving shareholder value through cost-effective methods.

Read Full Article

like

25 Likes

For uninterrupted reading, download the app