Metaplanet, the Japanese investment firm, has solidified its aggressive Bitcoin acquisition strategy, vaulting into the position of the fourth-largest corporate holder of Bitcoin globally.
The company achieved this significant milestone after a recent purchase totaling $600 million. This acquisition boosted its total Bitcoin reserves to 30,823 BTC, allowing Metaplanet to surpass the Bitcoin Standard Treasury Company and jump two places in the ranking.
Investment Overview and Performance
Metaplanet's total Bitcoin reserve is now valued at approximately $3.6 billion.
A key highlight of the company’s investment report is its average purchase price. Metaplanet has acquired its extensive Bitcoin holdings at an average price of around $108,000 per coin.
Despite the high entry point, the company is already reporting a solid performance. Its latest investment report indicates an unrealized gain of over 7.5%, underscoring the firm's confidence in Bitcoin as a primary treasury asset.
This massive commitment from a publicly traded Japanese company signals a growing trend of major corporations adopting Bitcoin as a strategic reserve currency.
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