#VietnamCryptoPolicy #MetaplanetBTC Purchase Japanese investment company Metaplanet recently purchased 1,112 Bitcoins, finally increasing its total Bitcoin holdings to 10,000 BTC and surpassing Coinbase as the seventh largest publicly traded company with a Bitcoin treasury. On Monday, Metaplanet announced that it purchased Bitcoin BTC $107,013 for 16.88 billion Japanese yen (117 million dollars). The company now owns 10,000 Bitcoins, surpassing Coinbase with 9,267 Bitcoins, according to data from Bitbo. The average price of Metaplanet's 10,000 BTC is now 13.9 million Japanese yen, which is approximately 96,400 dollars per Bitcoin. This happened just two weeks after Metaplanet became the eighth largest corporate holder of Bitcoin. Metaplanet issues bonds worth 210 million dollars to purchase Bitcoin. This occurred on the same day that Metaplanet announced that its board had decided to issue interest-free bonds worth 210 million dollars and that this amount would be raised to purchase additional Bitcoins. The company has radically overhauled its Bitcoin strategy in recent months and now intends to hold 210,000 BTC by the end of 2027. So far, Metaplanet has completed the purchase of 10,000 BTC and will need to buy another 200,000 BTC over the next 18 months. Metaplanet's shares have risen by more than 20%. The repeated announcement led to a dramatic increase in Metaplanet's stock price during the day.
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