🚨 Metaplanet Doubles Down on Bitcoin – $53.7M Added to Treasury

🇯🇵 Japanese tech firm Metaplanet is making serious waves in the digital asset world, acquiring 463 BTC at an average of ~$115,895 per coin — a $53.7M investment. This follows last week’s 780 BTC purchase, further cementing its position as one of Asia’s largest public Bitcoin holders.

📊 Key Numbers:

🔸 Total Holdings: 17,595 BTC (~$1.78B)

🔸 YTD Bitcoin Yield: 459.2%

🔸 Strategic Aim: Raise $3.7B via perpetual preferred shares for more potential acquisitions

🔸 Comparison: Strategy (Michael Saylor’s firm) now holds 628,791 BTC, acquired at ~$73K avg.

📢 Despite the aggressive treasury play, Metaplanet’s stock dipped ~6% (¥998) — a short-term reaction in what may be a long-term strategic masterstroke.

🔍 Is Bitcoin becoming the new corporate reserve asset in Asia?

🔥 Metaplanet’s bold moves could signal a regional shift in how companies are approaching long-term value preservation.

#Bitcoin #Crypto #Metaplanet #Blockchain #Web3

https://coingape.com/just-in-japans-metaplanet-acquires-53-7m-in-bitcoin-as-market-rebounds/?utm_source=bnb&utm_medium=coingape