Metaplanet Transfers 3,881 BTC Worth About $250M as Paper Loss Reaches $1.4B
Japan-listed Metaplanet has transferred 3,881 bitcoin worth about $250 million. The company now holds 43,000 BTC and recently bought 2,823 BTC, but its plan to reach 100,000 BTC by the end of 2026 has slowed. With an average purchase price just over $96,000 and more than $4.1 billion invested, its paper loss has widened to $1.4 billion after bitcoin’s sharp pullback.