{"id":1773,"date":"2024-10-28T20:17:16","date_gmt":"2024-10-28T20:17:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1773"},"modified":"2024-10-28T20:17:16","modified_gmt":"2024-10-28T20:17:16","slug":"asias-microstrategy-metaplanet-buys-another-10-4m-in-bitcoin-exceeds-1000-btc-holdings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1773","title":{"rendered":"&#8216;Asia&#8217;s MicroStrategy&#8217; Metaplanet Buys Another $10.4M In Bitcoin, Exceeds 1,000 BTC Holdings"},"content":{"rendered":"<div>\n<p>Tokyo-listed <strong>Metaplanet Inc. <\/strong>has announced a significant expansion of its Bitcoin (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings with an additional purchase valued at approximately $10.4 million, further establishing its presence in <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41335707\/asias-microstrategy-metaplanet-buys-another-107-bitcoin-heres-how-big-its-pile-has-grown\">the digital asset market<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The recent <a href=\"https:\/\/x.com\/Metaplanet_JP\/status\/1850735760934125968\">acquisition<\/a>, totaling 156.783 BTC at an average price of $66,575 per Bitcoin, brings Metaplanet&#8217;s total Bitcoin holdings to over 1,018 BTC, currently valued at around $67.1 million.<\/p>\n<p>This latest purchase highlights Metaplanet&#8217;s ongoing strategy to enhance shareholder value through cryptocurrency investments, positioning itself as a rising competitor to prominent Bitcoin-holding firms such as <strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>).<\/p>\n<p>Metaplanet&#8217;s aggressive accumulation strategy, initiated in April 2024, has seen the company spend over $62.8 million on Bitcoin, with a cumulative average purchase price of $61,663 per BTC. <\/p>\n<p>Like MicroStrategy, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41585530\/asias-microstrategy-metaplanet-buys-another-10-4m-in-bitcoin-exceeds-1-000-btc-holdings\" alt=\"'Asia's\" microstrategy metaplanet buys another in bitcoin exceeds btc holdings>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tokyo-listed Metaplanet Inc. has announced a significant expansion of its Bitcoin (CRYPTO: BTC) holdings with an additional purchase valued at approximately $10.4 million, further establishing its presence in the digital asset market. What Happened: The recent acquisition, totaling 156.783 BTC at an average price of $66,575 per Bitcoin, brings Metaplanet&#8217;s total Bitcoin holdings to over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1773","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1773"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1773\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}