coin-img-ETHETH+7.00%coin-img-BTCBTC+2.96%coin-img-SOLSOL+5.03%coin-img-UCNUCN+0.31%coin-img-XRPXRP+1.86%coin-img-USDCUSDC+0.00%coin-img-ADAADA+9.02%coin-img-DOGEDOGE+5.08%coin-img-ETHETH+7.00%coin-img-BTCBTC+2.96%coin-img-SOLSOL+5.03%coin-img-UCNUCN+0.31%coin-img-XRPXRP+1.86%coin-img-USDCUSDC+0.00%coin-img-ADAADA+9.02%coin-img-DOGEDOGE+5.08%coin-img-ETHETH+7.00%coin-img-BTCBTC+2.96%coin-img-SOLSOL+5.03%coin-img-UCNUCN+0.31%coin-img-XRPXRP+1.86%coin-img-USDCUSDC+0.00%coin-img-ADAADA+9.02%coin-img-DOGEDOGE+5.08%coin-img-ETHETH+7.00%coin-img-BTCBTC+2.96%coin-img-SOLSOL+5.03%coin-img-UCNUCN+0.31%coin-img-XRPXRP+1.86%coin-img-USDCUSDC+0.00%coin-img-ADAADA+9.02%coin-img-DOGEDOGE+5.08%
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Benjamin Njiri

Metaplanet Suspends Bitcoin Purchases After 30% Price Decline Since October

Japan-based Metaplanet, the world's fourth-largest Bitcoin treasury firm, has made no BTC purchases since September 29, 2024, despite Bitcoin falling 30% from $112,000 to $89,000. The company's market-to-net-asset-value ratio dropped below 1x in late October, constraining its ability to raise capital for new acquisitions. Metaplanet last acquired 2,744 BTC on September 29, bringing total holdings to 30,823 BTC.
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