Metaplanet adds 1,111 Bitcoin, approaches Tesla’s BTC holdings
Metaplanet has added 1,111 BTC to its corporate treasury, bringing its total holdings to 11,111 BTC, just 398 BTC shy of Tesla’s stash.
Metaplanet, Japan’s top Bitcoin corporate treasury company, announced Monday that it had purchased an additional 1,111 Bitcoin.
According to a Monday regulatory filing, Metaplanet’s total holdings have reached 11,111 Bitcoin (BTC), putting the company’s BTC holdings within striking distance of Tesla’s current Bitcoin stash of 11,509 BTC.
Metaplanet spent 17.26 billion Japanese yen (about $117 million) on the purchase, paying an average of just under $105,500 per coin.