#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, has been actively purchasing Bitcoin (BTC) as part of its treasury strategy. Here are some key updates on their BTC purchases ¹ ² ³:

- *Current Holdings*: Metaplanet currently holds 10,000 BTC, valued at over $1 billion, making it the 7th largest publicly traded company with a Bitcoin treasury, surpassing Coinbase's 9,267 BTC.

- *Purchase History*: The company recently acquired 1,112 BTC for approximately $117 million (16.88 billion Japanese yen), with an average price of $96,400 per Bitcoin.

- *Future Plans*: Metaplanet aims to hold 210,000 BTC by the end of 2027, with a target to acquire an additional 200,000 BTC over the next 18 months.

- *Funding*: To support its Bitcoin purchases, Metaplanet has issued $210 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm.

- *Stock Performance*: The company's stock has surged over 417% year-to-date and 2,460% in the past two years, making it one of Japan's best-performing stocks.

- *Strategy*: Metaplanet's Bitcoin strategy is inspired by Michael Saylor's MicroStrategy, and it has become Japan's most shorted stock, according to its CEO, Simon Gerovich.