$133 Million BTC Splash! đ¸ Metaplanetâs Massive Move Shakes Up Crypto Rankings đ

In a bold move shaking up the corporate crypto space, Japanese investment firm Metaplanet has just bought an additional 1,234 Bitcoin $BTC , spending roughly $132.7 million at an average price of $107,557 per BTC. This latest purchase bumps Metaplanetâs total Bitcoin stash to 12,345 BTCâleapfrogging Tesla, which holds 11,509 BTC. With this acquisition, Metaplanet has officially become the seventh-largest public holder of Bitcoin, trailing only behind major players like MicroStrategy, which leads the pack with over 592,000 BTC.
The timing is no coincidence. Metaplanetâs massive buy came just one day after raising 74.9 billion yen ($515 million) through stock issuance as part of its ambitious â555 million plan.â The goal? To eventually own 1% of Bitcoinâs total supplyâroughly 210,000 BTCâby 2027. Despite a minor 0.94% drop in Metaplanetâs stock on Thursday, the companyâs year-to-date growth remains explosive at 353.5%, highlighting growing investor confidence in its Bitcoin treasury strategy.
Metaplanet began buying Bitcoin only in April 2024, and in just a few months, it has become a major crypto whale. While Michael Saylorâs Strategy remains far ahead in raw BTC count, Metaplanetâs aggressive approach is drawing global attention. With traditional finance increasingly embracing Bitcoin, Metaplanetâs latest move isnât just a headlineâitâs a signal of whatâs to come in the race for crypto supremacy. đĽđ
#Metaplanetćçščľĺ˘ććŻçšĺ¸ #BTC110KToday?