Here’s today’s Binance Square post on #MetaplanetBTCPurchase, featuring the latest visual:
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🗞️ Metaplanet Acquires ¥16.88 Billion in BTC (~$117 M)
Purchase Details: Metaplanet added 1,112 BTC (~¥16.88 billion / ~$117 million) to its treasury today .
Total Holdings: This brings their Bitcoin stash to a milestone 10,000 BTC, surpassing Coinbase and making them the 7th-largest public BTC holder globally .
Debt-Funded Expansion: The company also announced the issuance of $210 million in zero-interest bonds, dedicated entirely to further BTC accumulation .
Market Reaction: As a result of these strategic moves, Metaplanet’s stock surged ~20%, trading near 1,860 JPY with a YTD gain of **+417%** .
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📌 Why This Matters
Institutional Confidence: Another significant vote of institutional trust in Bitcoin as a corporate treasury asset .
Debt-Heavy Accumulation: Similar to MicroStrategy, Metaplanet is leveraging zero-coupon bonds to scale up their BTC holdings .
Strategic Ambition: With a target to reach 210,000 BTC by 2027, this move signals a long-term commitment to Bitcoin leadership .
