#MetaplanetBTCPurchase Metaplanet has issued around 44 million common shares to fund its BTC purchases, a strategy that has attracted investor interest.

Metaplanet, a Japanese Bitcoin treasury company, has purchased an additional 150 Bitcoin

BTC

$84,454

, bringing it one step closer to its plan of acquiring 21,000 BTC by 2026. The March 18 purchase cost an aggregate 1.88 billion yen ($12.6 million) or $83,671 per Bitcoin.

The purchase brings Metaplanet’s total holdings to 3,200 BTC worth $261.8 million at this time of writing. Despite this latest buy, Metaplanet’s stock price has fallen 0.5% on the day. On March 5, the company’s stock price jumped 19% after it announced its latest Bitcoin buy of 49