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Metaplanet Buys 5,268 BTC, Becomes Fourth Largest Public Holder
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Coinpaper
Its total holding now stands at 30,823 BTC, which makes it the fourth-largest publicly traded Bitcoin treasury company worldwide.
The purchase price equated to roughly 17.4 million yen, or $118,328, per coin.
With this acquisition, the company now holds a total of 30,823 BTC, which makes it the world’s publicly traded Bitcoin treasury company.
The announcement was made just days after Metaplanet disclosed its largest single to date on Sept. 21, when it bought $632 million worth of BTC.
So far, only a few states, including and New Hampshire, actually enacted laws to hold Bitcoin reserves.