#MetaplanetBTCPurchase Metaplanet, a Tokyo-listed investment firm, has been aggressively buying Bitcoin, with recent purchases pushing its total holdings to 10,000 BTC. Here's a breakdown of their latest acquisitions¹ ² ³:
- *Latest Purchase*: Metaplanet bought 1,112 BTC worth approximately $117.2 million, bringing its total holdings to 10,000 BTC. The purchase was made at an average price of $105,435 per Bitcoin.
- *Total Holdings Value*: Metaplanet's Bitcoin holdings are now valued at around $1.05 billion, based on current prices.
- *Bond Issuance*: The company announced the issuance of zero-interest bonds worth $210 million to EVO Fund, with the funds raised intended for further Bitcoin purchases.
- *Future Plans*: Metaplanet aims to hold 210,000 BTC by the end of 2027, which would require acquiring an additional 200,000 BTC over the next 18 months.
- *Stock Performance*: Metaplanet's shares surged over 17% to 1,769 yen following the announcement, reflecting investor enthusiasm for its Bitcoin-focused strategy.
Metaplanet's aggressive Bitcoin accumulation strategy mirrors that of Michael Saylor's MicroStrategy, which currently holds over 582,000 BTC. With this latest purchase, Metaplanet has overtaken Coinbase Global, which holds around 9,267 BTC, to become one of the largest public holders of Bitcoin.⁴