#MetaplanetBTCPurchase #MetaplanetBTCPurchase Metaplanet, a Japanese Bitcoin treasury company, has made a significant purchase, acquiring 1,112 Bitcoins worth approximately $117.2 million at an average price of $105,435 per Bitcoin. This purchase brings their total Bitcoin holdings to 10,000 BTC, valued at around $947 million, with an average cost of $94,697 per Bitcoin.

Key Highlights:

Total Holdings: Metaplanet now holds 10,000 Bitcoins, surpassing Coinbase's holdings of 9,267 BTC.

Bond Issuance: The company has issued a $210 million bond to fund further Bitcoin purchases, with the bonds carrying zero interest and maturing in December 2025.

Future Plans: Metaplanet aims to acquire 100,000 Bitcoins by the end of 2026 and 210,000 Bitcoins by 2027, representing 1% of Bitcoin's total supply.

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

Investment Strategy: The company's aggressive Bitcoin acquisition strategy has positioned it as Asia's largest corporate holder of Bitcoin and the eighth largest globally.