TechFlow news — Japanese listed company Metaplanet Inc. announced on August 13 that it has completed the purchase of Bitcoin worth 500 million JPY. This acquisition is part of the company's previously announced plan to secure a 1 billion JPY loan for Bitcoin purchases.
Detailed information about the purchase:
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Purchased 57.103 BTC at an average price of 8,756,107 JPY per BTC.
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The company now holds a total of 303.095 BTC, with an average purchase price of 9,732,933 JPY per BTC.
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The total value of the company’s Bitcoin holdings has reached 295 million JPY.
Previous report: Metaplanet secured a 1 billion JPY loan at an annual interest rate of 0.1% to increase its Bitcoin holdings.
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