Metaplanet buys 2,204 BTC for $ 240 million

Metaplanet got the best Bitcoin Treasury company in Japan, 2,204 Bitcoin for $ 237 million.
in presentation On Monday, the company said it got an additional 2,204 Bitcoin (BTC) At an average price of 15,640,253 Japanese yen per bitcoin (about 107,700 dollars). This has a total of 15555 BTC with a rate of average purchase price of about 99,985 dollars each.
According to bitcointreasuries.net DataMetaplanet is the fifth largest carrier of companies in Bitcoin. Company The holdings of the manufacturer of electric cars exceeded Tesla In late June with 1,234 BTC, which raised their shares to 12345 BTC, with Tesla hold 11,509 BTC.
The company also Bitcoin workers’ bodies exceeded bitcoin workers From 12,502 BTC with a separate purchase of 1,005 BTC worth $ 108 million, it was unveiled on June 30.
Related to: Bitcoin Treasury Corporation in Toronto Exchange, buy 292 BTC
Treasury bonds in Bitcoin continue to grow
It follows the advertisement Best Bitcoin holder in the world, strategyAnnouncing the acquisition of another person 4,980 Bitcoin for $ 531.1 million On June 30 in the latest purchase. This acquisition reached the company’s holdings to 597325 BTC, purchased for about $ 42.4 billion at an average price of $ 70,982 per coin.
Covering Company Anthony Boxbrano Procap carried out the first bitcoin purchase From 3,724 BTC for $ 386 million in late June. Semler Scientific Company for Semler Scientific announced last month that it plans to increase its shares 3,808 Bitcoin to 105,000 Bitcoin.
Related to: Bitcoin as a Corporate Treasury: Why did Meta, Amazon and Microsoft say no
Glassnode Lead James Check on Saturday suggested that The Bitcoin Strategy may not have the Treasury Many expect. He said that the easy upward trend may be behind new companies entering the area.
He said: “For many new arrivals, it may actually end,” explaining that the essence is the extent of the sustainability of the company’s products and strategy for bitcoin accumulation. He highlighted that investors prefer the early adoption and “no one wants the fiftieth treasury company.”
In late June, a report issued by the Investment Capital Company said Few treasury companies in Bitcoin will avoid decline In the “death spiral”.
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