#MetaplanetBTCPurchase Metaplanet, a Japanese investment company, has made significant strides in accumulating Bitcoin (BTC). Here are the details of their recent purchases and holdings:
- *Recent Purchase:* Metaplanet acquired an additional 1,112 BTC worth approximately $117.2 million, bringing their total holdings to 10,000 BTC. The average purchase price for this recent acquisition was around $105,435 per coin.
- *Total Holdings:* Metaplanet's total investment in Bitcoin now amounts to approximately $947 million, with an average acquisition cost of $94,697 per BTC.
- *Ranking:* With 10,000 BTC, Metaplanet has surpassed Coinbase to become the 7th largest corporate holder of Bitcoin. They are now targeting 210,000 BTC by the end of 2027, which is about 1% of the total Bitcoin supply.