🚀 Metaplanet Strengthens Its Position in the Crypto Market 🚀
The Japanese investment company Metaplanet has continued its course to expand its bitcoin assets, acquiring over 2,200 BTC, which has increased its total holdings to 15,500 bitcoins. The company's ambitious plan is to acquire a full 1% of the total bitcoin supply — 210,000 coins — by 2027.
Since transitioning to a bitcoin strategy, Metaplanet's stock (ticker 3350) has demonstrated colossal growth, increasing by 1,890% over the past year. Following the announcement of its intention to acquire an additional 100,000 BTC, the company's shares reached their highest levels in the last 12 years.
Currently, Metaplanet ranks fifth among corporate bitcoin holders in the world, trailing only American companies. It is estimated that the total volume of bitcoins on the accounts of public companies has reached 850,000 BTC.
Considering plans to issue shares worth up to $5.4 billion to finance further purchases, Metaplanet could become a key player in the world of cryptocurrencies.
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