Bitcoin Price Prediction: As Japan’s Metaplanet Buys The Dip With Its Biggest Ever BTC Purchase, Experts Say Consider This ICO For 100X Gains
The Bitcoin price has slumped 1.5% in the last 24 hours to trade at $95,883 as of 7:20 a.m . EST on a 17% pump in trading volume to $54 billion. The drop in the BTC price comes despite Japanese investment firm Metaplanet making its largest-ever Bitcoin purchase on December 23, acquiring 619.7 BTC for nearly $60 million at around $96,000 per Bitcoin. This purchase nearly quadrupled its previous record of 159.7 BTC in October. 🇯🇵 Japanese public company Metaplanet acquires 619.7 #Bitcoin for ¥9.5 billion. The global race to accumulate continues. The best part? This isn’t competition, it’s collaboration. pic.twitter.com/4K3cR1Ad5B — Michael Saylor ⚡ Founder of MicroStrategy (Parody) (@Saylorsatsire) December 23, 2024 Metaplanet, often called “Asia’s MicroStrategy,” now holds a total of 1,762 BTC, worth about $168 million, with an average purchase price of $75,600 per BTC. The firm’s Bitcoin holdings rank 12th among...