#MetaplanetBTCPurchase *๐ Metaplanet Overtaking Coinbase: This is now a Bitcoin Juggernaut ๐ฅ*
Metaplanet, a Japan-based investment firm, hit a significant milestone today in the `BTC` space by acquiring 10,000 $BTC for an acquisition total of $759 Million. As of today the company has surpassed Coinbase Global as the seventh-largest publicly traded holder of Bitcoin (9,267 $BTC) ๐.
*Key Recollection:*
- *New Purchase*: Metaplanet purchased 1112 $BTC today worth $117.2 million.
- *Aggressive Strategy*: The company's bitcoin strategy boosted the stock price 430% year-over-year ๐
- *Zero-Interest Bonds*: Metaplanet $210 million zero-interest bond issuance funded their BTC acquisition. They have a goal of acquiring 210,000 by 2027 ๐.
*Looking Ahead:*
- *300,000 goal*: Company aims to initial reach 100,000 BTC by 2026, and 210,000 BTC by 2027, and potentially be the second largest corporate holder of Bitcoin ๐ฅ.
- *Increased Attention*: Metaplanet's achievements should not only reflect increased attention in corporate crypto in Japan; they may become a model for corporate firms in that country. ๐
Metaplanet has boldly set forth a vision to succeed and execute Bitcoin commitment ๐.