#MetaplanetBTCPurchase

Metaplanet, a Japanese investment firm, has made significant strides in its Bitcoin acquisition strategy. Here's what's new:

Recent Developments

- *10,000 BTC Milestone*: Metaplanet has reached a milestone of 10,000 Bitcoin holdings after purchasing a recent batch of 1,112 BTC for $117.2 million at an average price of $105,435 per BTC.

- *Surpassing Coinbase*: This purchase has propelled Metaplanet past Coinbase Global in BTC holdings, with Metaplanet now holding 10,000 BTC and Coinbase holding 9,267 BTC.

- *Bond Issuance*: Metaplanet has announced the issuance of its 18th Series of Ordinary Bonds, worth $210 million, with the funds allocated toward purchasing Bitcoin.

- *Stock Price Surge*: Following the announcement, Metaplanet's stock price surged 17.23% to 1,769 yen, reflecting a significant increase of over 408% since the beginning of the year.

Future Plans

- $5.4 Billion Equity Offering: Metaplanet plans to issue 555 million shares over the next two years to purchase additional Bitcoin, supporting its goal to hold over 210,000 BTC by the end of 2027.

- *Bitcoin Accumulation Strategy*: The company aims to accumulate 1% of the total Bitcoin supply, solidifying its position as a major Bitcoin holder .