Metaplanet Increases Bitcoin Holdings with $53M Purchase
The post Metaplanet Increases Bitcoin Holdings with $53M Purchase appeared first on Coinpedia Fintech News
On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the company. With this purchase, Metaplanet now holds 5,555 BTC, acquired for a total of around $481.5 million at an average price of $86,672 per Bitcoin, reflecting solid strategic planning. Contine To Read
Breaking: Celsius Founder Alex Mashinsky Hit With a 12-Year Prison Sentence for Crypto Fraud
The post Breaking: Celsius Founder Alex Mashinsky Hit With a 12-Year Prison Sentence for Crypto Frau...
SEC Files Settlement Agreement Letter: Here is What Next for XRP Price and Ripple Labs
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Why is the Crypto Market Rising Today, May 8?
The post Why is the Crypto Market Rising Today, May 8? appeared first on Coinpedia Fintech NewsWall...