“Metaplanet Purchased the Bitcoin for An AVERAGE PURCHASE PRICE OF AROUND 14.6 MILLION YEN AND HAS SPENT A TOTAL OF 10.15 Billion Yen to Buy Bitcoin.”, – WRITE: www.coindesk.com
Metaplanet Purchased the Bitcoin for An Average Purchase Price of Nearly 14.6 Million Yen ($ 97,500) for a total spend of 10.15 Billion Yen.
The Company’s Total BTC Holdings Were Bought for An Average Price of AROUND $ 86,500.57 Per Coin.
Metaplanet Financed ITS PURCHASES IN Q1 Through the Sale of Cash Secured Btc Put Options – Futures Contracts WHICH BET ON THE PRICE OF THE UNDERLYING Asset Going Down.
These Options Were Written at the Beginning of the Quarter, WHEN BTC WAS SCALING ALL-TIME Highs Above $ 100,000. Metaplanet SAID IT EARNED 770.3 Million Yen in Revenue Using this Method.
“Relative to Direct Spot Purchase at Time Time, The Strategy Enabled The Company to Acquire More Bitcoin per yen Deployed – Benefiting from Premium Income and A Reeduced Kost. Statement on Tuesday.
Metaplanet’s Latest Btc Purchase Makes It The Ninth Largest Public Holder of Bitcoin, Account to Data Trained by Bitcoin Treasuries.
The Company’s Tokyo-Listed Shares Closed 2% at 409 Yen on Tuesday, Comfortably OutperForforming the Nikkei 225, WHICH WAS UNCHANCE ON THE DAY.
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