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.

BTC0.58%
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