#MetaplanetBTCPurchase

Metaplanet, a Japanese investment firm, recently made a significant Bitcoin purchase, acquiring 1,112 BTC for approximately $117.2 million. This brings their total Bitcoin holdings to 10,000 BTC, valued at around $947 million, with an average acquisition price of $94,697 per Bitcoin.

Key Details:

- *Total Holdings*: 10,000 BTC, making Metaplanet the 7th-biggest corporate holder of Bitcoin globally and surpassing Coinbase's holdings of 9,267 BTC.

- *Recent Purchases*: Metaplanet bought 1,112 BTC at an average price of $105,435 per coin and previously acquired 1,088 BTC on June 2, taking its total holdings to 8,888 BTC.

- *Bond Issuance*: The company issued $210 million in zero-interest bonds to fund further Bitcoin acquisitions, marking its 18th series of ordinary bonds.

- *Stock Performance*: Metaplanet's stock price surged 22% to 1,830 yen and 430% year-to-date, reflecting investor support for its Bitcoin strategy.

Future Plans:

- *Target Holdings*: Metaplanet aims to hold 210,000 BTC, approximately 1% of Bitcoin's total supply, by the end of 2027.

- *Equity Offering*: The company plans to secure $5.4 billion through a novel moving strike warrant mechanism to purchase additional Bitcoin.