The Japanese investment company Metaplanet announced the purchase of 555 $BTC for $53.4 million, bringing its Bitcoin reserves to 5555 coins, which amounts to about $475 million. This was reported on May 7, 2025, by @diplomat_crypto on X. The average purchase price was about $96,000 per coin. Since the start of the strategy in April 2024, Metaplanet has invested $428.1 million, and the company's shares have skyrocketed by 1800%, highlighting the success of their approach.
Metaplanet, dubbed the 'Asian MicroStrategy,' aims to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by 2026, which will represent 1% of Bitcoin's issuance. The company is actively raising capital through bonds and stocks, including plans to create a subsidiary in the USA to accelerate purchases. Their BTC Yield metric shows a yield of 121.1% since the beginning of 2025.
This move strengthens Metaplanet's position among the top 10 corporate holders of BTC globally, increasing interest in cryptocurrency in Asia. Subscribe to #MiningUpdates to stay updated!
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