#MetaplanetBTCPurchase

Metaplanet, a Japanese investment firm, has made a significant move in the crypto world by acquiring 1,112 Bitcoin (BTC) worth approximately $117 million. This purchase brings their total BTC holdings to 10,000, surpassing Coinbase's 9,267 BTC and ranking them 7th among public companies with Bitcoin treasuries.

*Key Details:*

- *Total Holdings*: 10,000 BTC

- *Recent Purchase*: 1,112 BTC worth $117 million

- *Ranking*: 7th among public companies with Bitcoin treasuries

- *Target*: 210,000 BTC by end of 2027, aiming to become the 2nd largest public BTC holder

*Market Reaction:*

- Metaplanet's stock surged 20% to 1,860 JPY, with a year-to-date gain of 417%

- Investors are optimistic about their Bitcoin-first strategy

*Strategic Move:*

- Metaplanet's board approved issuing $210 million in zero-interest bonds to buy more Bitcoin

- This strategic move highlights rising institutional confidence in Bitcoin's long-term value and its role as a hedge during economic uncertainty¹ ²