Metaplanet's bold Bitcoin purchases during price dips highlight its confidence, echoing MicroStrategy's successful strategy.
As BTC battles to break the $60,000 mark, its price recently fell to $56,497.76, reflecting a 0.915% drop over the past 24 hours, according toThis move has positively impacted its share price, which surged by 5.9% on the Tokyo Stock Exchange.This approach involves purchasing assets when their prices drop, with the expectation that their value will rise in the future.
This strategy shows confidence in BTC’s long-term value and reflects a trend of buying assets during price drops to benefit later.According to the latest report released on the 10th of September, Metaplanet acquired 38.46 Bitcoin for $2.1 million ., Metaplanet began its BTC acquisition on the 23rd of April and made its tenth purchase on the 10th of September.Despite this significant buildup, the firm’s stock price saw a minor decline of 0.
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