MetaPlanet, a publicly traded Japanese company known for its significant Bitcoin holdings, experienced a 39% decrease in its Q3 BTC valuation profit, according to Cointelegraph. The valuation totaled $1.4 billion, a decline attributed to the October market downturn. Despite the drop, MetaPlanet remains committed to its Bitcoin strategy. The company stated that "Regardless of short-term price fluctuations, our strategic investment in BTC is proceeding as planned." This indicates a long-term perspective on their Bitcoin investment. As of the latest report, MetaPlanet holds 30,823 BTC. The average purchase price per Bitcoin is $108,000, reflecting a substantial investment in the cryptocurrency. The company views Bitcoin as a key asset in its portfolio, despite short-term market volatility. ```