#MetaplanetBTCPurchase
đ Milestone: 10,000âŻBTC Held
Tokyo-based Metaplanet has reached 10,000 BTCâsurpassing Coinbase (9,267âŻBTC) to become the 9th-largest corporate Bitcoin holder .
The latest acquisition included 1,112âŻBTC bought for „1.688 trillion (~$117.2âŻM), at an average price of $105,435/BTC .
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đ° Financial Position & Funding Strategy
Total BTC investment stands at about $947 million, with an average cost per coin of $94,697 .
To fuel further buys, Metaplanet issued $210âŻM in zero-interest bonds, which were raised specifically to increase its Bitcoin holdings .
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đ Market Reaction & Stock Performance
Share price rallied ~25â26% in a single day, closing around „1,895â„1,860 on the Tokyo Stock Exchange .
The stock is up ~2,000â2,460% year-to-date, reflecting strong investor enthusiasm .
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đŻ Ambitious Future Targets
Metaplanet now sets its sights on 210,000 BTC by the end of 2027, including a 100,000âŻBTC milestone by endâ2026 .
An infographic suggests interim goals of 30,000 BTC by endâ2025, then scaling up in 2026â27 .
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â ïž Risks & Industry Commentary
Some analysts caution that heavy reliance on equity issuance to fund BTC purchases may lead to shareholder dilution and capital erosion, especially if BTC or stock prices fall .
Names like VanEckâs Matthew Sigel have voiced concern about reaching a point where âissuing shares ⊠is no longer strategicâitâs erosionâ .
