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

Bitcoin Magazine

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

Bitcoin price maintained its position above $118,000 as Metaplanet acquired 518 BTC for $61.4 million at an average price of $118,519, bringing its total holdings to 18,113 BTC valued at $1.85 billion. The Tokyo-based company's BTC Yield reached 26.5% in the current quarter, following its impressive performance in previous quarters. At the same time, Smarter Web Company also announced the purchase of 295 BTC for $35.2 million at an average of $119,412.

This post Bitcoin Price Stays Above $118,000 As Metaplanet, Smarter Web Company Buys Additional Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.