Metaplanet, a company likened to 'Asia's MicroStrategy', has continued its Bitcoin accumulation strategy with an additional purchase of 68.6 BTC, raising its total BTC holdings to 2,100 BTC. This means Metaplanet currently owns 0.01% of the global Bitcoin supply. 🏆
Metaplanet's Bitcoin strategy is gradually taking shape
Bitcoin has a fixed supply of 21 million BTC and is becoming increasingly scarce due to some being permanently lost. This factor has led to the continuous increase in BTC price over recent years. With the current amount of Bitcoin, #metaplanet has made it into the top 14 public companies that own the most BTC in the world. Compared to giants like Strategy (MicroStrategy) – the company leading with 2.28% of the total BTC supply, Metaplanet still has a long way to go, but this is an important step in their strategy.
Metaplanet greatly benefits from Bitcoin
This Japanese company aims to own 10,000 BTC by 2025. Currently, Metaplanet's average purchase price (DCA) is at 82,000 USD/BTC, meaning they are making a profit of about 16% when the price $BTC fluctuates around 97,000 USD.
Not only benefiting from the rising BTC price, the 'all-in Bitcoin' strategy has also helped Metaplanet escape uncertainty. From a relatively unknown company, they have become one of the strongest growth stocks on the stock exchange #Tokyo thanks to betting on Bitcoin.
🔥 With the rising price of BTC and plans to expand its holdings, can Metaplanet soon join the ranks of the top Bitcoin holding organizations? Share your thoughts! ⬇️ #anhbacong
