#MetaplanetBTCPurchase 🧬Metaplanet, a Japanese investment firm, has been actively purchasing Bitcoin (BTC) as part of its Bitcoin treasury operations.🧐
💲Recent Purchase💸Metaplanet acquired an additional 1,112 BTC worth $117.2 million at an average price of $105,435 per Bitcoin, bringing its total holdings to 10,000 BTC.
🪀Total Holdings💰The company's total BTC holdings now stand at 10,000, valued at approximately $947 million, with an average purchase price of $94,697 per Bitcoin.
🗞Bond Issuance🎲Metaplanet announced the issuance of $210 million in zero-interest bonds to fund further Bitcoin purchases, with the bonds set to mature on December 12, 2025.
🔮Future Plans🧩The company aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027, as part of its accelerated Bitcoin plan.
🌈Stock Performance📊Metaplanet's stock price surged over 17% after the announcement, and it has risen more than 400% since the beginning of the year.💥
✍Metaplanet's Bitcoin acquisition strategy has been successful, with the company's stock price increasing significantly since it started buying Bitcoin in April 2024. By pursuing this strategy, Metaplanet aims to become one of the largest corporate holders of Bitcoin 💰🤝