🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic
Metaplanet repurchased 136 Bitcoins, bringing the total holdings to 20,136 BTC
The Japanese Bitcoin financial company Metaplanet announced a further investment in Bitcoin, spending approximately $15.2 million to acquire 136 BTC, further solidifying its position in the global rankings of publicly traded companies' Bitcoin Holdings. This increase brings its total Holdings to over 20,000 coins, making it the sixth largest publicly traded Bitcoin holder in the world.
Latest Holdings Details
Metaplanet CEO Simon Gerovich revealed on X (formerly Twitter) that the average price for the 136 BTC purchased this time is approximately $111,666 per coin.
New Holdings: 136 BTC
Newly invested funds: 15.2 million USD
Total Holdings: 20,136 BTC
Total investment cost: Approximately 2.08 billion USD
Average Holdings Cost: 103,196 USD/coin
Global Holdings Ranking
According to BitcoinTreasuries data, Metaplanet currently ranks sixth in the global list of publicly traded companies' Bitcoin Holdings, just behind:
Strategy (636,505 BTC)
Marathon Digital Holdings (MARA)
XXI Century Capital
Bitcoin Standard Treasury Company
Bullish
This means that Metaplanet has become an important representative in the Asian region for Bitcoin asset reserves.
Stock Price and Market Reaction
According to Yahoo Finance data:
Japan market: On September 8, the midday stock price fell by 1.2%, having dropped 30% over the past month, but it is still up 101% year to date.
US market: fell 1.6% on Friday, closing at 4.86 dollars.
Although the stock price is under pressure in the short term, the long-term gains indicate that the market still has confidence in its Bitcoin strategy.
Bitcoin Market Overview
As of September 8th, the price of Bitcoin is approximately $111,146.
Recently, the price of BTC has been fluctuating around 110,000 USD, and market sentiment is gradually warming under the influence of macroeconomic factors and ETF fund flows.
Conclusion
Metaplanet has once again increased its Bitcoin holdings, not only breaking through the 20,000 BTC milestone but also further solidifying its position at the top of the global publicly listed companies' Bitcoin holdings ranking. As Bitcoin prices continue to fluctuate at high levels, Metaplanet's "long-term holding" strategy may release greater value in the next bull market.