Bitcoin Price Jumps 2% As Metaplanet Buys Another 330 BTC, Strategy’s Michael Saylor Hints At New Purchase
The Bitcoin price jumped over 2% in the last 24 hours after Metaplanet announced it bought another 330 BTC and as MicroStrategy executive chair Michael Saylor hints at another Bitcoin purchase. Following the recent gain, the crypto market leader rose from a 24-hour low of $83,976.85 to an intraday peak at $87,679.23. BTC has since retraced to trade at $87,520.03 as of 1:09 a.m. EST. Metaplanet Adds To BTC Stockpile Japan-based investment firm Metaplanet announced earlier today that it has purchased an additional 330 BTC, valued at $28.2 million. This marks the firm’s third Bitcoin purchase this month. In an X post today, the company said it made the purchase at an average price of $85,605 per Bitcoin , pushing the company’s total holdings to 4,855 BTC. Metaplanet CEO Simon Gerovich also shared the news of the latest purchase, adding that the firm has achieved a BTC yield of 119.3% year-to-date. Metaplanet has acquired 330 BTC for ~$28.2 million at ~$85,605 per bitco...