Metavesco Expands Digital Asset Portfolio with Increased Bitcoin and Ethereum Holdings

Metavesco, Inc. (OTC: MVCO), a publicly traded diversified holding company, has announced an increase in its holdings of Bitcoin and Ethereum, underscoring its commitment to a robust digital asset strategy. The company purchased an additional 10 Ethereum (ETH) at an average price of $4,410 per unit and 1 Bitcoin (BTC) for $119,110, further solidifying its stake in what it considers two of the most pivotal digital assets globally.

Ryan Schadel, CEO of Metavesco, emphasized the company's unwavering belief in Bitcoin and Ethereum. "Bitcoin is our digital gold, a store of value and balance sheet anchor. Ethereum, meanwhile, is evolving into the future infrastructure of traditional finance as Wall Street embraces blockchain technology and seeks to tokenize securities," Schadel stated. He views these investments as generational opportunities, highlighting the company's readiness to capitalize on favorable market conditions.

Metavesco's Bitcoin acquisition strategy is supported by its substantial hashing power of over 26 PH/s, with operational costs as low as approximately $55,000 for its most efficient miners. This represents a significant advantage, offering a more than 50% discount compared to current market prices nearing $120,000. The company's Ethereum investments, initiated earlier this year, are part of a broader strategy to benefit from anticipated institutional adoption over the coming years.

The company's treasury strategy is designed around three core objectives: acquiring high-conviction digital assets at advantageous prices, maintaining them as long-term balance sheet reserves, and driving shareholder value and wealth creation. Schadel highlighted the unique position of Metavesco in the microcap space, attributing it to the synergy between its operating businesses, access to capital markets, and disciplined capital allocation. "We're building a public company platform that can capture upside across multiple verticals, with digital assets playing a central role and creating a flywheel effect," he added.

The newly acquired BTC and ETH positions are currently classified as speculative and not part of the long-term treasury. These positions were established using long-term decentralized futures contracts and will be closely monitored, with the possibility of exiting should market dynamics necessitate risk reduction. Metavesco plans to provide further updates on its treasury strategy as new market opportunities arise.

For more information on Metavesco's digital asset strategy and its implications for the future of finance, visit https://www.newmediawire.com.