#MetaplanetBTCPurchase

Metaplanet, a Japanese company, has made significant strides in its Bitcoin acquisition strategy. Here's what's happening:

- *Recent Purchase*: Metaplanet acquired an additional 1,112 Bitcoin for $117.2 million, bringing its total holdings to 10,000 BTC. This purchase was made at an average price of $105,435 per coin.

- *Total Investment*: The company's cumulative investment in Bitcoin now stands at approximately $947 million, with an average cost of $94,697 per BTC.

- *Stock Performance*: Following the announcement, Metaplanet's stock price surged 24% to 1,896 JPY, marking a staggering 425% year-to-date gain.

- *Future Plans*: Metaplanet aims to hold 210,000 BTC by the end of 2027, equivalent to 1% of Bitcoin's total supply. To achieve this goal, the company will need to buy another 200,000 Bitcoin over the next 30 months.

- *Funding*: Metaplanet recently issued $210 million in zero-percent ordinary bonds to fund further Bitcoin purchases, demonstrating its commitment to its Bitcoin acquisition strategy.

Metaplanet's aggressive Bitcoin accumulation strategy has positioned it as a significant player in the corporate Bitcoin adoption space, overtaking Coinbase to become the ninth-largest publicly traded holder of Bitcoin.