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TORICO Boosts Ethereum Holdings with Latest Acquisition

Guavy AI Editorial Team
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ETH
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TORICO, an East Japan Railway Company-listed company that specializes in selling complete volumes of manga comics, has announced its acquisition of additional Ethereum (ETH) assets. The company acquired 23.4641 ETH on September 24 at a value of ¥99,999,998, which translates to an average price of ¥426,183 per ETH.

This acquisition brings TORICO's total Ethereum holdings to 3,026.0146 ETH, with a total value of ¥1,277,381,992 and an average price of ¥422,133 per ETH. It is worth noting that this figure includes staking income and other rewards.

TORICO has been using a 'targeted buying strategy' since May 7, which involves selling put options on Ethereum and receiving premiums in exchange for the obligation to purchase the cryptocurrency at a set price.

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