MetaPlanet has reported a $708.75 million floating loss on its Bitcoin holdings as the cryptocurrency's price fell to $87,428.6. The Japanese-listed company holds 35,102 Bitcoin, which are currently valued at $3.78 billion. This valuation is based on an average acquisition cost of $107,606 per Bitcoin as of December 30. Traders are advised to monitor Bitcoin's price movements closely.
MetaPlanet Faces $708.75M Loss on Bitcoin Holdings Amid Price Drop
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