#MetaplanetBTCPurchase
📈 Key Developments
April 2024: .
June 2024: .
July 2024: .
October 2024: The company made multiple purchases totaling over 450 BTC, including a significant buy of 107 BTC for $6.7 million, increasing its holdings to 855.5 BTC, worth more than $56.1 million .
📊 Market Impact
Since adopting its Bitcoin-focused strategy in April 2024, Metaplanet's stock price has surged by approximately 810%, rising from about $0.12 to $1.10 . This substantial increase reflects investor confidence in the firm's new direction.
🏦 Strategic Rationale
Metaplanet's pivot to Bitcoin is driven
