#MetaplanetBTCPurchase
Bitcoin evangelist and MicroStrategy Executive Chairman Michael Saylor has thrown his support behind Japanese Bitcoin treasury firm Metaplanet after it smashed its 2025 Bitcoin acquisition target six months ahead of schedule. 💥
In a recent post on X (formerly Twitter), Saylor congratulated CEO Simon Gerovich, the entire team, and shareholders as Metaplanet's stock (MTPLF) surged 26%, jumping from ¥1,504 to ¥1,896 on the news. 📈
📊 By the Numbers:
🪙 BTC Purchased: 1,112 Bitcoin
💰 Total Investment: ~$117.2 million
📈 Average Price: $105,435 per BTC
💼 Total Holdings: 10,000 BTC
🚀 YTD Performance: +266.1%
Metaplanet has now officially hit its 2025 goal of 10,000 BTC, and they’re not stopping there. The company has announced plans to double down, targeting 21,000 BTC by the end of 2026—mirroring Bitcoin’s total supply cap of 21 million. 🔐
This bold move positions Metaplanet as a major institutional player in the Bitcoin space and sets a new benchmark in corporate crypto strategy. 💎🙌
Stay tuned. The Bitcoin treasury race is just getting started. ⚡