#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, has been aggressively buying Bitcoin (BTC) through bond issuances. Here are some key points about their recent purchases¹:
- *Recent Purchases*: Metaplanet acquired 555 Bitcoin amid signs of renewed US-China trade talks, bringing their total holdings to 5,555 BTC.
- *Bond Issuances*: They issued $25 million in bonds to buy more Bitcoin and plan to raise $210 million via bonds for further BTC purchases.
- *Total Holdings*: Metaplanet now holds over 10,000 BTC, surpassing Coinbase Global's holdings after a recent 1,112 Bitcoin purchase.
- *Growth Strategy*: The firm aims to accumulate more Bitcoin, with a target of 210,000 BTC by 2027, valued at over $21 billion.