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Metaplanet Rockets To Top 10 Bitcoin Holders After $117 Million Purchase

  • Tokyo-based investment firm Metaplanet has increased its Bitcoin holdings to 8,888 BTC after purchasing an additional 1,088 coins for around $117 million.
  • Metaplanet's total investment in Bitcoin is close to $830 million, with a current market value of approximately $932 million, resulting in an unrealized gain of nearly $103 million.
  • Metaplanet is now the 10th-largest publicly traded Bitcoin holder with an average cost of $93,354 per BTC and a Bitcoin Yield of 96%.
  • Other companies like Strategy and DDC Enterprise are also increasing their Bitcoin holdings, while governments like El Salvador and Panama are making moves to accumulate and integrate Bitcoin into their financial systems.

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