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Metaplanet (3350) strikes 20 kilos of BTC, surpassing riots to 6 companies’ largest holders



Metaplanet inc. (3350) Buy 1,009 Bitcoin And raising its total wardrobe to 20,000 BTC and overcoming Riot control platforms (Riot works) The company becomes with the sixth largest cabinet holding in the largest encrypted currency.

Purchase, at a value of about 16.5 billion yen (112 million dollars)The Tokyo -based company is based on the status of Bitcoin as a basic backup asset. Bitcoin’s total purchases are now 302.3 billion yen at an average cost of 15.1 million yen per BTC, according to a report issued Monday.

The pace of bitcoin accumulation of the company has made its most prominent circulation in Asia to rely on the encrypted currency. From July 1 to September 1, the company achieved the BTC return by 30.7 %, while the value of multiple assets to net assets (MNAV) Sitting less than 2.

Metaplanet shares decreased by 5.5 % to 831 yen.




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