#MetaplanetBTCPurchase
In December 2024, Japanese investment firm Meta planet made its largest Bitcoin purchase to date, acquiring 619.7 BTC for nearly $60 million. This significant acquisition brought the company's total holdings to 1,762 BTC, valued at approximately $168 million, with an average purchase price of $75,600 per BTC . Meta planet's aggressive Bitcoin accumulation strategy has earned it the nickname "Asia's MicroStrategy." The firm reported a 310% BTC Yield from October 1 to December 23, 2024, highlighting the performance of its Bitcoin acquisition strategy. Metaplanet plans to formalize "Bitcoin accumulation and management" as a business line, utilizing various financial instruments to acquire and hold BTC.
