#MetaplanetBTCPurchase

Metaplanet, a Tokyo-listed firm, has been aggressively buying Bitcoin (BTC) and has recently reached a significant milestone of 10,000 BTC, ahead of its initial schedule. Here's a breakdown of their BTC purchase journey:

- *Current Holdings*: 10,000 BTC, valued at approximately $1.07 billion, with an average purchase price of $94,695.

- *Recent Purchases*:

- *Latest Acquisition*: 1,112 BTC for $117.2 million at $105,435 per BTC.

- *Previous Purchase*: 1,088 Bitcoin for $117.3 million at $107,771 per token.

- *Future Targets*:

- *2026 Goal*: 100,000 BTC by the end of 2026.

- *2027 Goal*: 210,000 BTC by the end of 2027.

To fund these purchases, Metaplanet has been using various methods, including:

- *Bond Issuance*: The company has issued multiple rounds of bonds, including a $25 million bond issuance to purchase more BTC.

- *Capital Raise*: Metaplanet has launched a $5.4 billion capital raise to support its Bitcoin acquisition strategy.

Their aggressive buying has paid off, with the company's BTC portfolio now worth $1.07 billion and carrying an unrealized profit of roughly $123 million.¹