Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever

Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever
Metaplanet stock jumps 19% as it buys the dip with 497 Bitcoin purchase

Metaplanet for Japanese investment operated the second largest individual purchase of bitcoin ever, as more than 1000 bitcoin rose as the cryptocurrency was within 3 % of its highest level ever.

metaplanet He said On May 19, she purchased 1,004 Bitcoin (BTC) at a total cost of about 15.2 billion yen (104.6 million dollars), up to 7800 Bitcoin with a value of about $ 807 million at current market prices.

It is the second largest purchase of the company after purchasing it from 1,241 BTC for $ 129 million on May 12, in a move that paid Bitcoin higher than El Salvador.

Metaplanet has the largest Bitcoin’s bias for a public company in Asia and has the largest property among public companies in the world, worldwide, According to To Bitbo data.

The company has informed BTC’s return in the first quarter of 95.6 % and 47.8 % to date in the second quarter, measures the percentage of the percentage of change in bitcoin holdings for each quota completely reduced.

If Metaplanet has bought another 301 BTC, Galaxy Digital Holdings, which is ninth with 8100 Bitcoin.

Metaplanet bitcoin purchase detection. source: metaplanet

Michael Celor’s strategy remains a clear pioneer in terms of BTC Holdings with 568,840 Bitcoin at a value of about $ 59 billion.

Related to: Metaplanet raises another $ 21 million through bonds to buy more bitcoin

Metaplanet has been more aggressive in the accumulation of origin in recent months, where 2,800 have been obtained so far in May. It carried out four purchases in April, with a total of 794 BTC and six purchases in March, totaling 1655 BTC.

Silor hints when you buy another

Meanwhile, Michael Celor hinted in another on Monday’s purchase by send Saylor Tracker screenshot, which follows the company’s Bitcoin portfolio, on X.

“Never shorten a man who buys orange ink from the barrel,” said Silor.

The strategy leads the corporate package with 77 % of growth in Bitcoin’s bodies so far this year, according to BTC Investment River.

On May 12, river researchers revealed that companies and companies are the largest net buyers for Bitcoin so far this year, which surpasses the exchange funds on the stock exchange, governments, and even retailers.

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