The investment firm that is quoted in Tokyo Metaplenet has bought another 1,004 bitcoin (BTC) for approximately $ 104.3 million, which takes its total holdings to 7,800 BTC.
The average purchase price of this last section was $ 103,873 per Bitcoin, according to a dissemination on Monday.
The total position of the company’s bitcoin, acquired at an average price of $ 91,300 per BTC, is now valued at just over $ 806 million depending on the current market prices. The movement is part of the long -term target of Metaplanet to reach 10,000 BTC at the end of 2025.
Bitcoin began to acquire in April 2024 and since then has been strongly inclined in a treasure strategy modeled after companies as a strategy (MSTR).
The last purchase occurs when Bitcoin continues to hover just below its historical maximum, quoting around $ 103,343 at the time of writing. The broader cryptographic market has been recovered in recent weeks amid the improvement of macro feeling.
Metaplenet has financed its Bitcoin acquisitions through a bond sales series, recently completing its 15th ordinary bond issuance, for a value of $ 15 million.
