Japanese company Metaplanet invests 5 trillion won to acquire 35,000 BTC, claiming financial strategy success.

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Metaplanet, the "Asian MicroStrategy," Secures 35,000 BTC

Japanese company Metaplanet invests 5 trillion won to acquire 35,000 BTC, claiming financial strategy success.
Metaplanet, a leading Japanese Bitcoin buyer, continued its aggressive cryptocurrency investment strategy by purchasing 4,279 Bitcoins in the fourth quarter of this year alone.

Simon Gerovich, CEO of Metaplanet, disclosed the company's fourth-quarter Bitcoin purchases via the X channel today. Metaplanet invested a total of $451.06 million (KRW 652.05233 billion) in the fourth quarter, acquiring 4,279 Bitcoins. This represents an average purchase price of $105,412 (KRW 152.4 million) per Bitcoin.

With this purchase, Metaplanet's total Bitcoin holdings now reach 35,102. They have invested approximately $3.78 billion (KRW 5.4651 trillion) in Bitcoin to date, with an average purchase price of $107,606 (KRW 155.57 million) per unit. Notably, they achieved a remarkable Bitcoin return of 568.2% this year, proving the success of their investment strategy.

Metaplanet's move is interpreted as part of a "Bitcoin financial strategy" spearheaded by global companies like MicroStrategy. Industry insiders predict that Metaplanet will establish itself as a leading Bitcoin financial strategy provider in the Asian region.

Joohoon Choi joohoon@blockstreet.co.kr

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