Metaplanet Deposits Another 1,350 BTC Worth $108 Million
Metaplanet just moved 1,350 BTC into Coinbase Prime. The transfer is worth about $108 million and landed roughly an hour ago.
The company is one of the largest corporate Bitcoin holders. It has bought about 43,000 BTC, a position valued at $3.48 billion when those coins were purchased.
Key details:
> New deposit: 1,350 BTC ($108 million)
> Total bought: 43,000 BTC ($3.48 billion)
> Average purchase price: $96,191
> Current Bitcoin price: around $80,000
That average buy price is still well above the market. Metaplanet is holding a large Bitcoin treasury at a loss on paper while continuing to move size onto Coinbase Prime.
A major transfer from a company that has already accumulated tens of thousands of Bitcoin.
Metaplanet just moved 1,350 BTC into Coinbase Prime. The transfer is worth about $108 million and landed roughly an hour ago.
The company is one of the largest corporate Bitcoin holders. It has bought about 43,000 BTC, a position valued at $3.48 billion when those coins were purchased.
Key details:
> New deposit: 1,350 BTC ($108 million)
> Total bought: 43,000 BTC ($3.48 billion)
> Average purchase price: $96,191
> Current Bitcoin price: around $80,000
That average buy price is still well above the market. Metaplanet is holding a large Bitcoin treasury at a loss on paper while continuing to move size onto Coinbase Prime.
A major transfer from a company that has already accumulated tens of thousands of Bitcoin.
