Market Cap: $2.9676T 5.620%
Volume(24h): $221.0192B 235.940%
  • Market Cap: $2.9676T 5.620%
  • Volume(24h): $221.0192B 235.940%
  • Fear & Greed Index:
  • Market Cap: $2.9676T 5.620%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$91229.967283 USD

5.84%

ethereum
ethereum

$2354.581560 USD

6.04%

xrp
xrp

$2.649458 USD

15.56%

tether
tether

$0.999525 USD

0.01%

bnb
bnb

$599.418199 USD

-1.77%

solana
solana

$160.462568 USD

11.29%

usd-coin
usd-coin

$0.999978 USD

0.01%

cardano
cardano

$0.995827 USD

49.40%

dogecoin
dogecoin

$0.218105 USD

5.31%

tron
tron

$0.238864 USD

2.27%

hedera
hedera

$0.248949 USD

0.83%

chainlink
chainlink

$16.162296 USD

8.94%

stellar
stellar

$0.331779 USD

2.02%

avalanche
avalanche

$23.462916 USD

6.85%

sui
sui

$2.948878 USD

2.62%

Cryptocurrency News Articles

Bitcoin-stacking investment firm Metaplanet purchased another 156 Bitcoin

Mar 03, 2025 at 01:23 pm

The 156 Bitcoin (BTC) was purchased for around $13.4 million at $85,890 per coin, bringing Metaplanet’s total Bitcoin stash to 2,391 BTC

Investment firm Metaplanet purchased another 156 Bitcoin on March 3 as its CEO said the firm is exploring a potential listing outside of Japan, such as the United States.

The 156 Bitcoin (BTC) was purchased for around $13.4 million at $85,890 per coin, bringing Metaplanet’s total Bitcoin stash to 2,391 BTC, the company said in a March 3 statement.

The Simon Gerovich-led firm has now bought $196.3 million worth of Bitcoin at an average purchasing price of $82,100 per Bitcoin, putting it up 13% since it first started its Bitcoin investment strategy in April last year.

Source: Simon Gerovich

It comes as Gerovich met with officials at the New York Stock Exchange and Nasdaq over the last week to introduce Metaplanet’s “platforms and functions.”

“We are considering the best way to make Metaplanet shares more accessible to investors around the world,” Gerovich said in a March 3 X post.

Metaplanet may decide not to list in the United States.

Metaplanet’s CEO Simon Gerovich pictured by the bell at the New York Stock Exchange. Source: Simon Gerovich

Cointelegraph has reached out to Metaplanet for comment.

Related: Metaplanet raises 4B JPY in 0% interest bonds to buy more BTC

Metaplanet (MTPLF) shares have already been trading on OTC Markets since November, making the company’s stock more accessible to international investors.

OTC Markets is a US-based financial market providing price and liquidity information for around 12,400 over-the-counter securities, many of which are international.

MTPLF shares have risen 530% from $3 to $18.9 since launching on Nov. 22.

Metaplanet has also been one of the best performers on the Tokyo Stock Exchange over the last 12 months, increasing 1,800%, Google Finance data shows.

Metaplanet is currently the 14th largest corporate Bitcoin holder in the world, according to BitBo’s BitcoinTreasuries.NET data.

Metaplanet has adopted a range of financial instruments to assist its Bitcoin strategy since April and is aiming to accumulate 21,000 Bitcoin by 2026 as part of its broader strategy to lead Japan’s Bitcoin renaissance.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 04, 2025