Olein Ahmed

#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, has been aggressively buying Bitcoin (BTC) and has made several significant purchases recently. Here are some key updates on their BTC acquisitions¹ ² ³: - *Recent Purchases*: - *1,112 BTC*: Metaplanet acquired 1,112 BTC for $117.2 million at an average price of $105,435 per BTC, bringing its total holdings to 10,000 BTC. - *150 BTC*: The company purchased 150 BTC for approximately $12.5 million at an average price of $83,508 per BTC, adding to its holdings. - *620 BTC*: Metaplanet made its largest-ever purchase, acquiring 619.7 BTC for $60.7 million when Bitcoin was trading around $96,000. - *319 BTC*: The company invested $26.3 million in 319 BTC at an average price of $82,549 per BTC. - *330 BTC*: Metaplanet acquired 330 BTC for $28.2 million at an average price of $85,605 per BTC. - *Current Holdings*: Metaplanet now holds over 10,000 BTC, valued at more than $400 million, making it the world's 10th-largest corporate Bitcoin holder. - *Future Plans*: The company aims to accumulate 21,000 BTC by 2026 and has announced plans for a $5.4 billion equity offering to purchase additional Bitcoin. - *Stock Performance*: Metaplanet's stock price has surged over 408% since the beginning of the year, with a 17.23% jump after announcing its latest BTC acquisition. - *Comparison to Coinbase*: Metaplanet has surpassed Coinbase Global in BTC holdings, with 10,000 BTC compared to Coinbase's 9,267 BTC.