#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, recently made headlines with its significant Bitcoin purchase. Here's what's happening ¹ ²:
- *10,000 BTC Milestone*: Metaplanet acquired 1,112 BTC for $117.2 million, bringing its total holdings to 10,000 BTC. This surpasses Coinbase Global's 9,267 BTC, making Metaplanet a top BTC holder.
- *Bond Issuance*: The company announced the issuance of $210 million in zero-coupon ordinary bonds to fund additional Bitcoin purchases. These bonds will mature on December 12, 2025.
- *Stock Performance*: Following the announcement, Metaplanet's stock surged 24% to 1,896 JPY, with a year-to-date gain of 425%. The stock's significant growth reflects investor confidence in the company's Bitcoin strategy.
- *Future Plans*: Metaplanet aims to hold 210,000 BTC (1% of Bitcoin's total supply) by 2027. To achieve this goal, the company plans to issue 555 million shares over the next two years, raising $5.4 billion.
- *Investment Strategy*: Metaplanet's aggressive Bitcoin buying strategy has yielded impressive returns, with a 266.1% year-to-date gain in 2025. The company's CEO, Simon Gerovich, believes Bitcoin will continue to be a valuable asset.
Metaplanet's Bitcoin purchase demonstrates its commitment to the cryptocurrency market and positions the company as a significant player in the industry.