Metaplanet based in Japan expanded its Bitcoin Holdings, buying 696 BTC for 10.152 billion yen ($ 67 million), the company announced on April 1 at X.
. investment The total Bitcoin Metaplanet supply pushes to $ 4046 with a value of over $ 341 million at the time of writing.
Source: Metaplanet
The division of shares is the availability of investors
The takeover appears shortly after Metaplanet issued 2 billion Japanese yen (USD 13.3 million) of bonds for the purchase of a larger BTC number, said Cointelegraph on March 31.
Source: Simon Gerovich
This movement also appears shortly after separating the reverse reserves of the metaplanets. The company had previously warned in the assembly of February 18 that its price of shares increased significantly, creating a high entry barrier for retail investors.
“We have implemented the opposite division of shares, consolidating 10 shares into 1. Since then, our price of shares has increased significantly, and the minimum amount required to buy our shares on the market exceeded 500,000 yen, causing a significant financial burden on investors,” according to February 18 announcement.
Announcement of wrestling division. Source: Metaplanet
The division of shares aims to reduce the price for a trade unit to improve the liquidity and expand the company’s investors base.
History of division of Metaplanet inventory. Source: Investing.com
The division of the action from 10 to 1 was completed on March 28 According to to Investing.com.
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Metaplanet, often referred to as “Microstrategy Asia”, is aimed at gathering 21,000 BTC by 2026 as part of the Bitcoin reception strategy in Japan. From 4046 BTC in your treasury According to for bitbo data.
Related: Crypto trader changes USD 2,000 into USD 43 million, sells for USD 10 million
The strategy also buys Dip Bitcoin
The purchase of Metaplanets takes place during the institutional purchase period, and Michael Saylor’s strategy announces its latest takeover on March 31. The strategy purchased 22,048 bitcoins for $ 1.92 billion at an average price of USD 86,969 for bitcoins in the last week of BTC.
The company currently has over 528,000 bitcoins purchased for $ 35.63 billion at an average price of USD 67,458 for BTC, said Saylor on March 31 x x post.
Source: Michael Saylor
Institutions show confidence in Bitcoins despite the uncertainty of the global market around the upcoming tariff announcement of the US President Donald Trump, which can cause significant variability in both cryptographic and established markets.
“Risk appetite remains muted among the tariff threat on the part of President Trump and the ongoing macro uncertainty,” said CointeLgraph, analyst of Nexo Dispatch Iliiya Kalchev.
It is expected that the advertisement on April 2 describes mutual trade tariffs addressed to the best American trading partners, development that can escalate inflation concerns and reduce the demand for risk assets such as Bitcoin.
https://www.youtube.com/watch?v=ESB74SK828
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