Here you have a detailed summary of Metaplanet's recent Bitcoin purchase:
1. Latest purchase and accumulation of BTC
- Metaplanet, a Japanese company, recently purchased 1,112 BTC for approximately $117.2 million, at an average price of $105,435 per Bitcoin.
- With this acquisition, Metaplanet reached a total of 10,000 BTC in its reserves, achieving its goal for 2025 ahead of schedule.
2. Market impact and global position
- Following the announcement of the purchase, Metaplanet's shares rose by more than 20%.
- Metaplanet now surpasses Coinbase Global in Bitcoin holdings, becoming the ninth largest corporate holder of BTC worldwide.
- The company also exceeded the market capitalization of chip manufacturer Kioxia Holdings Corp.
3. Financial strategy and backing
- To finance the purchase, Metaplanet issued bonds for $210 million with a 0% interest rate, demonstrating an aggressive leverage strategy to acquire more Bitcoin.
- Metaplanet's decision has received support from key figures in the sector, such as Michael Saylor, and reinforces its commitment to maintaining Bitcoin as a central asset on its balance sheet.
