#MetaplanetBTCPurchase
Publication (approximately 120 words):
Metaplanet has finalized a strategic purchase of 1,112 BTC, for a total close to 117 million dollars, raising its Bitcoin reserve to 10,000 BTC, which positions it as the seventh largest public company with direct BTC holdings, even surpassing Coinbase. The company previously issued 210 million in zero-interest bonds exclusively for the purchase of Bitcoin and plans to increase its reserve to 210,000 BTC by the end of 2027. As a reflection of that conviction, its stock on the Tokyo Stock Exchange rose more than 20%, with accumulated gains of 417% so far this year. Is this the signal of an institutional wave of BTC purchases?
Publication (approximately 120 words):
Metaplanet has finalized a strategic purchase of 1,112 BTC, for a total close to 117 million dollars, raising its Bitcoin reserve to 10,000 BTC, which positions it as the seventh largest public company with direct BTC holdings, even surpassing Coinbase. The company previously issued 210 million in zero-interest bonds exclusively for the purchase of Bitcoin and plans to increase its reserve to 210,000 BTC by the end of 2027. As a reflection of that conviction, its stock on the Tokyo Stock Exchange rose more than 20%, with accumulated gains of 417% so far this year. Is this the signal of an institutional wave of BTC purchases?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
101,319.99
-1.89%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
