#MetaplanetBTCPurchase

Metaplanet, a Japanese investment firm, has been actively purchasing Bitcoin, solidifying its position as a major player in the cryptocurrency market. Here are some key updates on their Bitcoin acquisitions ¹ ²:

- *Recent Purchases:* Metaplanet recently bought 1,112 Bitcoin worth approximately $117.2 million, bringing their total holdings to 10,000 BTC. This acquisition was made at an average price of $105,435 per coin.

- *Total Holdings:* Metaplanet's total investment in Bitcoin now stands at around $947 million, with an average acquisition cost of $94,697 per BTC.

- *Future Plans:* The company aims to accumulate 210,000 BTC by the end of 2027, indicating a significant growth strategy focused on digital assets.

- *Funding:* To support its Bitcoin purchases, Metaplanet has issued zero-interest bonds worth ¥33 billion ($210 million) to EVO Fund, a Cayman Islands-based investment company.

- *Market Performance:* Metaplanet's stock price surged over 17% to 1,769 yen after the announcement, reflecting investor enthusiasm for its Bitcoin-focused strategy. Since the start of the year, the stock has risen over 408%.

Metaplanet's aggressive Bitcoin accumulation strategy has earned it the nickname "Asia's MicroStrategy," mirroring the approach of Michael Saylor's MicroStrategy. The company has become Japan's most shorted stock, despite a remarkable 4,800% rise in share price over the past year ¹.