Metaplanet Increases Bitcoin Holdings with $53M Purchase

By: bitcoin ethereum news|2025/05/07 16:00:10
0
Share
copy
On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the company. With this purchase, Metaplanet now holds 5,555 BTC, acquired for a total of around $481.5 million at an average price of $86,672 per Bitcoin, reflecting solid strategic planning. Contine To Read Source: https://coinpedia.org/crypto-live-news/metaplanet-increases-bitcoin-holdings-with-53m-purchase/

You may also like

Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi

After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the crypto space.

Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?

The RWA wave sweeps the globe: the scale of on-chain real assets surged fourfold in one year, exceeding 25 billion USD. Hong Kong, backed by the mainland's "going out" policy window, is accelerating the tokenization process of physical assets from entertainment to real estate.

For Web3, this time Cai Wensheng is determined to get his hands dirty

This industry has experienced too many undignified endings; a bull market and a recovery cannot solve the problem. In the end, it will rely on projects that truly succeed and ecosystems that are genuinely established to win a dignified victory for the crypto OGs.

Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?

The Ethereum Foundation's Manifesto Has Torn the Community Apart: Punk Idealism or Disconnect from Reality?

ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin

「War Means Printing Money, and Printing Money is Good for Bitcoin」

From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era

Everyone is talking about AI applications, but the real money-maker is the person selling the "shovel."

Popular coins

Latest Crypto News

Read more