Post
Topic
Board Bitcoin Discussion
Re: Metaplanet now holds 1000 BTC
by
Justbillywitt
on 16/06/2025, 15:08:51 UTC

Their average price is better than most
$94,697
I think I'm most curious about how they would react if bitcoin likely falls lower than that.
I am not expecting them to react in any sort of different from how other organisations that has bigger bitcoin holding than them usually react when the price drops. Before they purchased bitcoin, they knew what they were getting into. They knew that bitcoin is a volatile asset, so I believe that they are going to maintain their cool should bitcoin falls below the above price you mentioned. On the other hand I think they are even going to buy more should the price go below their average purchase entry price since they are in for the long term.