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Planet Mining Exploration ( (TSE:PXI) ) just unveiled an announcement.
Planet Ventures Inc. has increased its Bitcoin holdings by acquiring an additional 3.01639123 Bitcoin for CAD $500,000, bringing its total to 25.82935469 Bitcoin. This move underscores the company’s belief in Bitcoin as a long-term store of value amidst growing institutional interest. The company’s Satoshis per share have risen significantly, reflecting a 670% increase since a previous purchase in June, highlighting its strategic focus on digital assets.
More about Planet Mining Exploration
Planet Ventures Inc. is an investment issuer that focuses on acquiring Bitcoin, operating under the ticker symbols CSE: PXI, OTC: PNXPF, and Frankfurt: P6U1.
Average Trading Volume: 495,670
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$40.96M
For a thorough assessment of PXI stock, go to TipRanks’ Stock Analysis page.