🔥MetaPlanet's Bitcoin Strategy Update‼️
💥Current Holdings and Purchase Details
🔹️Total Bitcoin Holdings:
MetaPlanet's current Bitcoin holdings are reported differently across sources, with some indicating 506.7 BTC valued at $32 million or 7,800 BTC worth $812 million. However, according to my information, their total holdings were 203.734 BTC as of June 12, 2025.
🔸️Latest Purchase:
MetaPlanet announced a $6.9 million Bitcoin purchase, bringing their total holdings to 506.7 BTC, although this seems to contradict the June 11, 2025, announcement.
💥Bitcoin Acquisition Strategy
🔹️Adopting Bitcoin as Primary Treasury Reserve Asset:
MetaPlanet is following a strategy similar to MicroStrategy's, adopting Bitcoin as a key treasury asset to diversify its holdings.
🔸️Goal:
MetaPlanet aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026, signaling strong institutional interest in Bitcoin.
💥Funding and Growth
🔹️Bond Issuance:
MetaPlanet has issued bonds worth $11.3 million to fund Bitcoin acquisitions, demonstrating its commitment to growing its Bitcoin reserves.
🔸️Funding Source:
The company uses excess cash, treasury reserves, and bond issuances to fund its Bitcoin purchases.
💥Market Impact
🔹️Institutional Interest:
MetaPlanet's Bitcoin strategy has generated significant interest in the cryptocurrency market, with potential positive impacts on Bitcoin's market value.
🔸️Growth:
The company's Bitcoin reserves have grown substantially, with some reports indicating a valuation of $812 million.