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@ Layer3.news
2025-02-25 06:13:26
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METAPLANET, EL SALVADOR STACK BITCOIN AS BTC SLIDES 5% IN 10 HOURS
https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5M2RiZTQtZTQzZS03NjI2LTk5MmEtNzMwMmU3MGFjM2Iw.jpg
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✍️ Metaplanet and El Salvador both purchased Bitcoin ahead of the crypto market slump on Feb. 25, with Metaplanet buying 135 Bitcoin for $13 million and El Salvador adding 7 Bitcoin to its reserve.
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👉 Metaplanet purchased 135 Bitcoin for $13 million at an average price of $96,185.
👉 El Salvador added 7 Bitcoin to its reserve, taking its total to 6,088 Bitcoin worth $560.7 million.
👉 Both purchases were made before the crypto market fell, with Bitcoin dropping as much as 5% over 10 hours.
👉 Metaplanet's total Bitcoin stash is now worth over $205 million, with an average purchase price of $81,834.
👉 El Salvador's Bitcoin purchase was six more than its usual one Bitcoin per day.
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#SimonGerovich #Japan #ElSalvador #Canada #Mexico #technology
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