#MetaplanetBTCPurchase
Metaplanet, a Japanese firm, recently made headlines for purchasing 319 Bitcoin (BTC) worth approximately $26 million. This acquisition brings their total BTC holdings to 4,525, valued at around $382.58 million, with an average purchase price of $82,549 per Bitcoin.
*Key Details:*
- *Purchase Amount:* 319 BTC
- *Purchase Value:* $26 million
- *Total Holdings:* 4,525 BTC
- *Average Purchase Price:* $82,549 per BTC
- *Current Value:* $382.58 million
*Metaplanet's Bitcoin Strategy:*
- The company aims to acquire 10,000 Bitcoin by the end of 2025 and 21,000 BTC by the end of 2026.
- Metaplanet's CEO, Simon Gerovich, has expressed his ambition to accumulate as much Bitcoin as possible, stating that the window to buy won't stay open forever.
- The firm has funded its Bitcoin acquisitions using stock acquisition rights and bond issuance,
