Metaplanet, Smarter Web Add Almost $100M in Bitcoin to Treasuries

Japanese and UK Companies Execute Major Bitcoin Treasury Purchases

According to Cointelegraph, two publicly listed companies completed substantial Bitcoin acquisitions on Tuesday worth nearly $100 million combined. Japan's Metaplanet purchased 518 Bitcoin for approximately $61.4 million at an average price of $118,519 per coin. The United Kingdom's The Smarter Web Company acquired 295 Bitcoin for $35.2 million at an average of $119,412 per coin.Metaplanet's latest purchase increases its total holdings to 18,113…

Bitcoin Price Stays Above $118,000 As Metaplanet, Smarter Web Company Buys Additional Bitcoin

Bitcoin price maintained its position above $118,000 as two major corporations, Metaplanet and Smarter Web Company, announced significant additions to their Bitcoin treasury holdings, highlighting the growing trend of institutional Bitcoin adoption. Metaplanet, now the sixth-largest corporate Bitcoin holder, acquired 518 BTC at an average price of $118,519 per coin, representing a total investment of approximately $61.4 million. The Tokyo-based …

Metaplanet, Smarter Web add almost $100M in Bitcoin to treasuries

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The Smarter Web Company Buys 295 BTC Amid $118K Dip

The post The Smarter Web Company Buys 295 BTC Amid $118K Dip appeared on BitcoinEthereumNews.com. Key Notes The Smarter Web Company purchased 295 BTC for $35.35 million. The purchase was made at an average price of $119412 per coin. Purchase comes amid Bitcoin’s drop to $118K after reclaiming $121K on Monday. The Smarter Web Company has expanded its Bitcoin BTC $118 665 24h volatility: 2.3% Market cap: $2.36 T Vol. 24h: $49.84 B holdings once ag…