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

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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