Tokyo-based investment firm Metaplanet has made another bold move in the crypto space, acquiring 1,088 Bitcoin for approximately $117.3 million. This latest purchase brings its total holdings to 8,888 BTC, reinforcing its commitment to Bitcoin as a long-term reserve asset.
Metaplanet’s Bitcoin Strategy
Metaplanet has been aggressively accumulating Bitcoin, following a strategy similar to MicroStrategy. The firm aims to hold 10,000 BTC by the end of 2025 and 210,000 BTC by 2027, which would account for 1% of Bitcoin’s total supply.
Key Details of the Latest Purchase
Amount Acquired: 1,088 BTC
Total Holdings: 8,888 BTC
Purchase Price: ~$107,771 per BTC
Total Investment: ~$117.3 million
Why Is Metaplanet Buying More Bitcoin?
Metaplanet sees Bitcoin as a hedge against inflation and a store of value. The company has been raising capital through stock issuance and bond financing, allowing it to expand its Bitcoin reserves without relying on external loans.
Institutional Interest & Market Impact
Bitcoin’s growing adoption among corporations is fueling demand.
Metaplanet’s stock price has surged over 155% in a month, reflecting investor confidence.
Japan’s high crypto taxes make Metaplanet an attractive Bitcoin proxy for local investors.
Future Outlook
With Bitcoin trading around $104,500, Metaplanet’s latest acquisition signals strong institutional confidence in BTC’s long-term value. If the company continues its aggressive accumulation, it could become Asia’s largest corporate Bitcoin holder.
🚀 Will Metaplanet’s strategy reshape corporate Bitcoin adoption? Drop your thoughts! 🚀
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