Metaplanet General Director Simon Gerovich (Simon Gerovich) in his post on the X platform reported that the average purchase price was about $ 120,000 per BTC, and the total cryptocurrency reserves of the company at the current prices reached $ 1.94 billion, with an average cost of $ 102,653 per bitcoin.
Simon Gerovich emphasized that the strategy of Metaplanet justifies the accumulation of bitcoins as a key asset to protect from the depreciation of the Japanese yen confirmed “The best results in the history of the company.”
In particular, the total profit of Metaplanet from operating rooms based on the results of the second quarter increased to $ 117.8 million, and net profit increased to $ 75.1 million, which allowed the company to compensate for losses of past periods.
Previously, Metaplanet, which is called the Asian Microstrategy, reported the preparatory issue of unlimited privileged shares worth up to $ 3.7 billion. All raised funds are planned to be launched for buying bitcoins.
Source: Bits
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