Metaplenet, the hotel firm that is quoted in Tokyo known for its Bitcoin
Acquisition strategy, has acquired 1,111 bitcoin for $ 117 million.
The firm bought Bitcoin at an average price of approximately $ 105681 per BTC. Cryptographic markets fell over the weekend after the United States bombed several nuclear sites in Iran, pushing Bitcoin at least $ 98,000.
Bitcoin has recovered from the weekend autumn and now trades more than $ 101,000 at the time of writing.
The last acquisition carries the total BTC of Metaplenet BTC to 11,111 Bitcoin, with a value of more than $ 1.1 billion, with an average purchase price of $ 95.7000.
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