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Metaplanet Buys 555 Bitcoin Worth $53.4M, Total Holdings 5,555 BTC; Issues $25M Zero-Coupon Bonds
By: defi news|2025/05/07 15:30:02
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Japanese investment firm Metaplanet has increased its Bitcoin holdings by purchasing an additional 555 BTC, valued at approximately $53.4 million, bringing its total Bitcoin balance to 5,555 BTC. The recent purchase was made at an average price of $96,768 per Bitcoin, contributing to an overall average buying price of $90,431 for the firm's Bitcoin portfolio. To finance further Bitcoin acquisitions, Metaplanet issued $25 million in zero-coupon bonds. The total value of Metaplanet's Bitcoin holdings is now estimated at around $536.38 million.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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