#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, has been aggressively accumulating Bitcoin (BTC) and has recently reached a significant milestone. Here are the key details :
- *Current Holdings*: Metaplanet now holds 10,000 BTC, valued at over $1 billion, making it the seventh-largest publicly traded company with a Bitcoin treasury and the largest corporate Bitcoin holder in Asia.
- *Recent Purchase*: The company acquired an additional 1,112 BTC for $117.2 million at an average price of $105,435 per Bitcoin.
- *Bond Issuance*: Metaplanet issued $210 million worth of zero-interest bonds to fund further Bitcoin purchases.
- *Future Plans*: The company aims to hold 210,000 BTC by the end of 2027, requiring it to buy an additional 200,000 BTC over the next 18 months.
- *Stock Performance*: Metaplanet's stock price has surged over 20% in a single day and has gained more than 2,460% in the past two years, with a 444.54% increase year-to-date.