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Metaplanet Surpasses El Salvador in Bitcoin Holdings with $129M Purchase

TheNewsCrypto LogoTheNewsCrypto16h ago

Metaplanet Surpasses El Salvador in Bitcoin Holdings with $129M Purchase - TheNewsCrypto

Quick Summary:

Simon Gerovich’s Metaplanet has once again added Bitcoins to its treasury.

The firm purchased 1,241 Bitcoins for 14.8 million yen ($101,843) per coin, adding another $129 million to its treasury.  After this holding, the company holds more Bitcoin than the crypto-friendly country, El Salvador.

Before this purchase, the firm had made one purchase this month, four purchases last month, and six purchases in March, totaling 5,555 BTC, 18,586 BTC, and 18,925 BTC, respectively.


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Metaplanet Surpasses El Salvador in Bitcoin Holdings with $129M Purchase - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Sharmistha Suman

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 06:49:52 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28604414

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About TheNewsCrypto

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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The story "Metaplanet Surpasses El Salvador in Bitcoin Holdings with $129M Purchase" was covered 16 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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  • URL: https://pretty-looking.beamstart.com/news/metaplanet-surpasses-el-salvador-in-17470435162209

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