Metaplanet Procures Additional 1,088 BTC, Enhances Treasury Approach
Metaplanet Inc., a Tokyo-based investment firm, has acquired an additional 1,088 Bitcoin (BTC) as part of its Bitcoin Treasury Operations. The average purchase price for this batch was 15.5 million yen per BTC, totaling to a transaction value of approximately 16.88 billion yen or $117.5 million.
The firm's average purchase price now stands at 13.75 million yen per BTC, with the total aggregated amount reaching 122.269 billion yen. This acquisition increases Metaplanet’s total holdings to 8,888 BTC, as the company aims to strengthen its position in digital assets.
Following this strategy since April 2024, Metaplanet now has one of the largest BTC holdings in Asia and among public companies worldwide, edging closer to its 10,000 BTC goal for 2025.