#MetaplanetBTCPurchase

In order to acquire and adopt BTC, Metaplanet had to start raising funds. It first began with stock acquisition rights offerings, raising tens of millions for the sole purpose of purchasing BTC.

Initially, the firm’s purchases were modest, and it was acquiring BTC in batches of a few dozen on average. Though it targeted a 1,000 BTC portfolio goal, it began ramping up these purchases considerably.