Metaplanet Raises Bitcoin Holdings to 44,000 BTC After Q3 Purchase
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Metaplanet ended the third quarter with 44,000 BTC after recording a net purchase of 1,000 BTC in the period. During the quarter, it sold 10,000 BTC and later repurchased 11,000 BTC, and its shares rose 2.06% to $1.87 on Monday after the quarterly update.
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What it means
Metaplanet’s Bitcoin holdings and its share price are the main things visible to holders, traders, and observers today. The company ended Q3 with 44,000 BTC, and its stock moved 2.06% higher to $1.87 on Monday after the update.
The quarter’s trading pattern shows a treasury that can move between selling and repurchasing Bitcoin. Metaplanet sold 10,000 BTC and later bought 11,000 BTC, while still finishing Sept. 30 with 44,000 BTC in holdings.
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