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Japan’s Metaplanet buys more Bitcoin, explores potential US listing

cryptoweekly by cryptoweekly
March 3, 2025
in bitcoin, News
0

Bitcoin-stacking Metaplanet has snapped up another 156 Bitcoin as the firm’s CEO says it’s exploring “ways to make its shares more accessible.”

Bitcoin-stacking investment firm Metaplanet purchased another 156 Bitcoin on March 3 as its CEO said the firm is exploring a potential listing outside of Japan, such as the United States. 

The 156 Bitcoin (BTC) was purchased for around $13.4 million at $85,890 per coin, bringing Metaplanet’s total Bitcoin stash to 2,391 BTC, the company said in a March 3 statement.

The Simon Gerovich-led firm has now bought $196.3 million worth of Bitcoin at an average purchasing price of $82,100 per Bitcoin, putting it up 13% since it first started its Bitcoin investment strategy in April last year.

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  • Fintech firms will move to DeFi lending within 3 years: Morpho co-founder
  • XRP jumps 22% into price discovery as market cap hits a record $210B
  • Indian crypto users may ‘force’ policy shift amid mounting demand
  • Bitcoin golden cross that sparked 2,000% BTC gains is already here
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  • Sharplink Gaming’s expanded $6B share offering could buy 1% of ETH
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