According to on-chain monitoring by Lookonchain, Bitcoin mining company Metaplanet just deposited 1,000 $BTC into Coinbase Prime one hour ago. Based on the current price, the value of the deposited Bitcoin is approximately $79.77 million.
Notably, previously Metaplanet accumulated purchases of 43,000 BTC at an average price of $96,191, for a total value of about $3.48 billion—one of the few publicly listed companies in the crypto market that is steadfastly heavily allocated to Bitcoin.
With this large deposit into Coinbase Prime, market speculation suggests it may be in preparation for a possible reduction of holdings, since Bitcoin’s price is already up significantly compared with the company’s average cost basis. It’s also possible that some profits may be realized.
$BTC
#比特币 #区块链 #Cryptocurrency
Notably, previously Metaplanet accumulated purchases of 43,000 BTC at an average price of $96,191, for a total value of about $3.48 billion—one of the few publicly listed companies in the crypto market that is steadfastly heavily allocated to Bitcoin.
With this large deposit into Coinbase Prime, market speculation suggests it may be in preparation for a possible reduction of holdings, since Bitcoin’s price is already up significantly compared with the company’s average cost basis. It’s also possible that some profits may be realized.
$BTC
#比特币 #区块链 #Cryptocurrency