Metaplanet purchases 1,111 additional Bitcoins for its treasury department, bringing its total holdings to 11,111 BTC
This brings the gap with Tesla, which currently holds 11,509 BTC, to just 398 BTC.
On the 23rd (local time), Meta Planet announced the purchase through a public notice.
He announced that he had invested about 17.26 billion yen to buy Bitcoins at an average price of about 105,500 dollars per unit. As of the date of the announcement, the market price of Bitcoin was about 102,000 dollars.
Despite this, Meta Planet's overall average purchase price is still $95,560, remaining stable on a profit and loss basis.
This purchase follows a purchase of 1,112 BTC just one week earlier, which put the company's total holdings at over 10,000 BTC, making it the 8th largest listed company in the world in terms of bitcoin holdings.
After that, mining company Hut 8 increased its holdings, and it temporarily dropped to ninth place, but this latest purchase has put it back in eighth place.
Meanwhile, the company one step above Metaplanet is Tesla, with 11,509 BTC.
If Metaplanet continues buying at its current pace, it could overtake Tesla within the month. Next in line is mining company CleanSpark, which has 12,502 BTC.
CleanSpark), showing a difference of 1,391 BTC with Meta Planet.
2025/06/24 16:27 KST
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