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Metaplanet Inc., a publicly listed company on the Tokyo Stock Exchange, has announced the acquisition of an additional 330 Bitcoin at an average price of $85,454 per BTC, valued at approximately $28.2 million. This purchase increases Metaplanet`s total Bitcoin holdings to 4,855 BTC, now worth over $414.5 million. The acquisition is part of Metaplanet`s ongoing Bitcoin Treasury Operations, reflecting the company`s `Japanese Strategy` to accumulate Bitcoin amidst market uncertainty. This move aligns with their broader goal to reach 10,000 BTC by the end of 2025, as part of their Bitcoin treasury strategy. This is the third purchase Metaplanet has made this month, positioning them as the tenth-largest public holder of Bitcoin. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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Blocksquare and Vera Capital to Tokenize $1B U.S. Real Estate Starting with $5.4M Fort Lauderdale Property
Blocksquare has partnered with Florida-based Vera Capital to tokenize over $1 billion in U.S. commercial and multifamily real estate. The initiative will begin with a $5.4 million property in Fort Lauderdale, enabling global investors to access fractional ownership through blockchain technology. This collaboration aims to bring real-world assets onto the blockchain, expanding investment opportunities in the U.S. real estate market. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io The Defiant
Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts
Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen. The untraceable funds primarily flowed into mixers before being transferred The Defiant
