Bitcoin-stacking funding agency Metaplanet bought one other 156 Bitcoin on March 3 as its CEO stated the agency is exploring a possible itemizing exterior of Japan, similar to america.
The 156 Bitcoin (BTC) was bought for round $13.4 million at $85,890 per coin, bringing Metaplanet’s complete Bitcoin stash to 2,391 BTC, the corporate stated in a March 3 assertion.
The Simon Gerovich-led agency has now purchased $196.3 million value of Bitcoin at a median buying worth of $82,100 per Bitcoin, placing it up 13% because it first began its Bitcoin funding technique in April final 12 months.
Supply: Simon Gerovich
It comes as Gerovich met with officers on the New York Inventory Change and Nasdaq during the last week to introduce Metaplanet’s “platforms and capabilities.”
“We’re contemplating the easiest way to make Metaplanet shares extra accessible to buyers around the globe,” Gerovich stated in a March 3 X publish.
Metaplanet could determine to not checklist in america.
Metaplanet’s CEO Simon Gerovich pictured by the bell on the New York Inventory Change. Supply: Simon Gerovich
Cointelegraph reached out to Metaplanet for remark however didn’t obtain an instantaneous response.
Associated: Metaplanet raises 4B JPY in 0% curiosity bonds to purchase extra BTC
Metaplanet (MTPLF) shares have already been buying and selling on OTC Markets since November, making the corporate’s inventory extra accessible to worldwide buyers.
OTC Markets is a US-based monetary market offering worth and liquidity data for round 12,400 over-the-counter securities, lots of that are worldwide.
MTPLF shares have risen 530% from $3 to $18.9 since launching on Nov. 22.
Metaplanet has additionally been among the finest performers on the Tokyo Inventory Change during the last 12 months, rising 1,800%, Google Finance information exhibits.
Metaplanet is presently the 14th largest company Bitcoin holder on this planet, in keeping with BitBo’s BitcoinTreasuries.NET information.
Metaplanet has adopted a spread of economic devices to help its Bitcoin technique since April and is aiming to build up 21,000 Bitcoin by 2026 as a part of its broader technique to guide Japan’s Bitcoin renaissance.
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