#MetaplanetBTCPurchase Metaplanet, a Japanese Bitcoin treasury company, recently purchased an additional 150 Bitcoin (BTC) as part of its plan to acquire 21,000 BTC by 2026. This latest buy brought their total holdings to 3,200 BTC, worth approximately $261.8 million.

Here are some key details about Metaplanet's BTC purchase¹:

- *Purchase Details*: The 150 BTC purchase cost around 1.88 billion yen ($12.6 million), with an average price of $83,671 per Bitcoin.

- *Funding*: Metaplanet issued around 44 million common shares to fund its BTC purchases, earning it the nickname "Asia's MicroStrategy".

- *Stock Performance*: Despite the recent purchase, Metaplanet's stock price fell 0.5% on the day. However, since announcing its plan to become a Bitcoin treasury company, the stock price has risen significantly, with a 4,800% increase as of February 10.

- *Investor Interest*: Metaplanet's plan to acquire 21,000 BTC has attracted investor interest, with its shareholder base growing 500% in 2024 and market capitalization increasing 9,652% in one year.

- *Ranking*: Metaplanet's latest purchase makes it the 11th-largest corporate holder of Bitcoin and the largest in Asia, according to Bitgo#MetaplanetBTCPurchase