Metaplanet, a Bitcoin stacking investment company, purchased another 156 Bitcoins on 3 March. Its CEO stated that the firm was exploring the possibility of listing the firm outside Japan in other countries such as the United States.
The 156 Bitcoins (BTCMetaplanet’s value increased by around $85,890 each coin when it was bought for $13.4 million. total Bitcoin stash to 2,391 BTC, Company said In a statement dated March 3.
Simon Gerovich’s company has bought $196.3 millions worth of Bitcoins at an average price of $82,100 each. This represents a 13% increase since April of last year when it began its Bitcoin investing strategy.
Source: Simon Gerovich
Gerovich’s visit coincided with his meeting officials in the New York Stock Exchange Metaplanet has been featured in Nasdaq’s last few weeks. “platforms and functions.”
“We are considering the best way to make Metaplanet shares more accessible to investors around the world,” Gerovich said In a post on March 3, X.
Metaplanet can decide to not list its products in the United States.
Simon Gerovich (CEO of Metaplanet) pictured with the New York Stock Exchange’s bell. Source: Simon Gerovich
Cointelegraph contacted Metaplanet to get a comment, but did not receive a response immediately.
Related: Metaplanet raises 4B JPY in 0% interest bonds to buy more BTC
Metaplanet (MTPLF), shares of which have already been issued, has already become a publicly traded company. trading OTC Markets, since November. This makes the Company’s shares more accessible for international investors.
OTC Markets is a US-based financial market providing price and liquidity information for around 12,400 over-the-counter securities, many of which are international.
MTPLF has seen its shares rise 530% since launch, rising from $3.90 to $18.9
Google Finance: Metaplanet was also the most successful stock on the Tokyo Stock Exchange during the last year, with a 1,800% increase. data shows.
Metaplanet currently ranks as the 14th-largest corporate Bitcoin owner in the world. according to BitBo’s BitcoinTreasuries.NET data.
Metaplanet is a new company that has been established. range of financial instruments Since April, the company has been implementing a Bitcoin strategy. accumulate 21,000 Bitcoin by 2026 It is part of a broader strategy of leading Japan’s Bitcoin Renaissance.
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Source: cointelegraph.com
