#MetaplanetBTCPurchase

Metaplanet, a Japanese investment firm, has made a significant move in the crypto world by acquiring 1,112 Bitcoin (BTC) worth approximately $117 million. This purchase brings their total Bitcoin holdings to 10,000 BTC, surpassing Coinbase and ranking them 7th globally among public companies with Bitcoin treasuries.

*Key Highlights:*

- *Total Holdings*: 10,000 BTC

- *Recent Purchase*: 1,112 BTC worth $117 million

- *Zero-Interest Bond Strategy*: Metaplanet's board approved issuing $210 million in zero-interest bonds to buy more Bitcoin

- *Future Target*: 210,000 BTC by end of 2027, aiming to become the 2nd largest public BTC holder

*Market Impact:*

- Metaplanet's stock surged 20% to 1,860 JPY, with a year-to-date gain of 417%

- Growing institutional confidence in Bitcoin's long-term value and its role as a hedge during economic uncertainty

*Comparison to Other Players:*

- MicroStrategy's Michael Saylor recently added 11,931 BTC to the company's reserves, worth $786 million, bringing their total holdings to 226,331 BTC