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Japanese firm Metaplanet overtakes Tesla Holdings in Bitcoin holdings

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Summary
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56% Informative

Japanese public-listed firm Metaplanet (MTPLF ) has recently overtaken Elon Musk’s Tesla Holdings by purchasing another 1234 Bitcoins from the open market.

In two weeks , Metaplanet overtook Coinbase , Block Inc , Hut 8, and Tesla in Bitcoin holdings.

The Japanese firm now holds 12,345 BTC at an average purchase price of $ 97,036 .

This aggressive BTC purchase comes a day after the firm announced a $5 billion fundraise for its US subsidiary.

VR Score

31

Informative language

21

Neutral language

33

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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