Metaplanet Officially Owns 10,000 BTC, Stocks Soar! š
Japanese investment company, Metaplanet, has just added 1,112 Bitcoins worth $117 million. Their total reserves have now surpassed 10,000 BTC, even exceeding Coinbase's holdings!
CEO Simon Gerovich emphasized that this move is part of a long-term strategy. Not only that, they also issued a zero-coupon bond of $210 million to continue accumulating Bitcoin. Their ambitious target? 210,000 BTC or 1% of the total global supply!
The effects were immediate: Metaplanet's stock rose 19% in just one day, and has already skyrocketed over 400% since the beginning of the year!
š” This is a strong signal: public companies are starting to take Bitcoin seriously as a primary asset.
š DYOR, stay wise. But if you believe in Bitcoin long-term, this could be a major indicator.
š Follow this account for the latest crypto updates, on-chain strategies, and market analysis that keeps you one step ahead.
#Bitcoin #Metaplanet #BTCaccumulation #CryptoUpdate #DYOR #NFA
