Metaplanet Reaches 20,000 BTC Treasury With Latest 1,007 BTC Purchase
Metaplanet disclosed buying 1,007 BTC for $69 million, bringing its corporate treasury to 20,000 BTC at an average price of $68,520 per coin.
Metaplanet purchased 1,007 BTC for $69 million at an average price of $68,520 per BTC.
The disclosure came from the company's official X account @Metaplanet_JP and brings total holdings to 20,000 BTC.
At the stated average price the treasury is valued at more than $1.38 billion.
What remains unknown
The source of funding for the purchase is not disclosed.
The exact current USD value of the treasury depends on the prevailing BTC price.