TechFlow news, October 19 — According to 0xzx, the unrealized gains on Bitcoin held by Japanese publicly listed company Metaplanet have plummeted from a peak of approximately 90.3 billion yen to 6.2 billion yen. The company's average acquisition price was around 15.89 million yen per BTC, while the current market price stands at about 16.09 million yen per BTC. Meanwhile, its mNAV (market valuation to Bitcoin holdings ratio) has dropped below 0.9 to 0.89, reflecting the profound impact of market volatility on companies pursuing a Bitcoin-centric strategy.
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