#MetaplanetBTCPurchase
Previously, under its 21 million plan, Metaplanet would hold 21,000 Bitcoin by the end of 2026, with no concrete plan for more buys.
Metaplanet first announced it had bought Bitcoin on July 22, 2024, and its shares went up by 19% to 173 yen ($1.10). In the year since its first buy, the stock price is up by over 1,744%.
Strategy leads the way
A growing number of companies have decided to add Bitcoin to their balance sheets, with South Korean entertainment company K Wave Media becoming one of the latest on June 4.
