Metaplanet Buys 2,204 BTC Worth $240M

The Japanese Supreme Bitcoin Treasury, a metaplanet, has won another 2,204 bitcoins worth $ 237 million.

In a submission The company said on Monday that it had acquired another 2,204 bitcoins (BTC) for an average price of 15 640 253 Japanese only for bitcoin (about $ 107,700). This brings the overall shares of the metaplanet to 15,555 BTC for an average purchase price of about $ 99,985.

According to Bitcointreasuries.net dataMetaplanet is the fifth largest holder of Bitcoins. Company Overtaken the share of the Tesla electric vehicle manufacturer At the end of June with an acquisition of 1,234 BTC, which brought its shares to 12,345 BTC, Tesla held 11,509 BTC.

Society too has exceeded the holding of a bitcoin miner Cleanspark 12 502 BTC with a separate purchase of 1 005 BTC worth $ 108 million, published on 30 June.

Related: Bitcoin Treasury Corporation to make a relisted on Toronto Exchange, buy 292 BTC

Corporate bitcoin cash registers are still growing

The announcement follows Strategy in the world of the world’s tallest Bitcoin holder in the worldannounces the acquisition of another 4,980 bitcoins for $ 531.1 million June 30 in his last purchase. This acquisition brought the company’s share of $ 597,325, purchased for approximately $ 42.4 billion at an average price of $ 70,982 per coin.

Crypto Businesswoman Anthony Pompliano Procap made its first purchase of bitcoins At the end of June 3 724 BTC for $ 386 million. The Semler Scientific Medical Company announced last month that it plans to increase its shares from 3 808 bitcoins per 105,000 bitcoins.

Related: Bitcoin as a business treasury: Why Meta, Amazon and Microsoft All Said no

Analyst Glassnode James Control on Saturday suggested that Bitcoin strategy of cash registers may not have longevity Many expect. Check said that easy upwards may be behind new companies entering space.

“For many new participants, this may have ended,” he said, explaining that the core is how sustainable the product and strategy of bitcoin accumulation is. He stressed that investors prefer premature acquisition and “no one wants 50. Treasure company”.

At the end of June, a message from Venture Capital Breed said that only a Several Bitcoin Treasury companies avoid falling to the “spiral of death”.

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