Connect with us

Hi, what are you looking for?

Crypto News

MicroStrategy Of Japan Metaplanet Buys Another 1088 Bitcoin, Stock Price Surges

Metaplanet Inc. is making waves in the crypto space with its latest bold move, adding 1,088 Bitcoin to its already substantial reserves. With this latest purchase, the Japanese firm now holds a total of 8,888 BTC, valued at around $933 million. Metaplanet Expands Bitcoin Holdings with This Latest Purchase In an X post dated June 2, 2025, Metaplanet, a Japanese investment firm, announced its strategic Bitcoin purchase that propelled its holdings to a significant amount. The X post read, “Metaplanet Acquires Additional 1,088 BTC, Total Holdings Reach 8,888 BTC.” As revealed by CEO Simon Gerovich, the company acquired 1,088 BTC at an average price of $107,771 per coin, resulting in a 225.4% year-to-date return on investment. The total outlay for this purchase was $117.3 million, while the company’s overall 8,888 BTC holdings were acquired for approximately $829.7 million at an average cost of $93,354 per Bitcoin. In response to this… Read More at Coingape.com

The post MicroStrategy Of Japan Metaplanet Buys Another 1088 Bitcoin, Stock Price Surges appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Crypto News

Stablecoins:- India’s digital payments leadership is reshaping global finance. Yet, one layer remains stuck in inefficiency: cross-border transactions. Remittances and trade payments still rely...

Crypto News

In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm...

Crypto News

Trends:- A former Find Satoshi Lab (FSL) leader Mable Jiang has announced the launch of a new social protocol project – called Trends. The...