Metaplanet acquired 2,823 Bitcoin in the second quarter, taking its total holdings above 43,000 BTC. The company also reported $10.9 million in revenue from its income generation strategy.
Metaplanet acquired 2,823 Bitcoin in the second quarter, taking its total holdings above 43,000 BTC. The company also reported $10.9 million in revenue from its income generation strategy.
The purchase expands the company’s exposure to Bitcoin and further establishes the cryptocurrency as a significant part of its holdings.
Metaplanet bought 2,823 Bitcoin during the second quarter, lifting its total holdings above 43,000 BTC.
The purchase expands the company’s exposure to Bitcoin and further establishes the cryptocurrency as a significant part of its holdings.
Metaplanet said the acquisitions reduced its average purchase cost to $106,500 per Bitcoin.
The company also reported $10.9 million in revenue from its income generation strategy during the period.
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