#MetaplanetBTCPurchase Here’s a comprehensive breakdown of the #MetaplanetBTCPurchase:

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🚀 What Metaplanet Just Did

• 1,112 BTC bought (~$117.2M) on June 16, 2025, taking their total holdings to 10,000 BTC, surpassing Coinbase as a major corporate holder .

• Average acquisition price for this batch was ~$105,435; their overall average sits around ~$94,697 per BTC .

• This move hit their 2025 target six months early and earned a 266% YTD BTC yield .

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🧠 Financing Strategy

• Issued $210M in zero‑interest bonds, via EVO Fund, to finance future purchases. These bonds mature December 12, 2025 .

• Also secured $5.4B through share issuance and moving‑strike warrants, targeting 210,000 BTC by 2027—about 1% of total Bitcoin supply .

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📈 Market & Strategic Impacts

• Their stock surged: +20–26% on the day of the announcement, contributing to over 400% YTD growth .

• The move strengthens the adoption narrative that public companies now view Bitcoin as a strategic treasury asset, akin to MicroStrategy in the US .

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🔮 Forward-Looking Outlook

• With 10,000 BTC now in hand, the next stage targets:

• 100,000 BTC by end of 2026

• 210,000 BTC by end of 2027—which would equate to ~1% of the entire Bitcoin supply  .

• Their bond and warrant structure highlights a capital markets-driven accumulation model, potentially setting a precedent for other institutional players.

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💡 Implications for Bitcoin

• Tightens supply on the market, fueling bullish dynamics as corporate treasuries scoop up large volumes.

• Indicates a growing trend—more public companies may follow suit, pushing Bitcoin further into mainstream finance.

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Want to dive deeper? I can provide trend analysis, compare with MicroStrategy, or breakdown their financing instruments.