Rui13

Metaplanet's Bitcoin purchases are part of its strategic treasury reserve asset plan. Here are some key points about their recent purchases ¹ ² ³: - *Recent Purchases*: Metaplanet bought an additional 619.7 BTC for $60.6 million, bringing its total holdings to 1,761.98 BTC worth around $167.1 million. In another instance, they purchased 160 BTC for $13.3 million, increasing their total holdings to 4,206 BTC valued at approximately $356.2 million. - *Accumulation Strategy*: Metaplanet aims to accumulate Bitcoin as a long-term investment, believing in its potential for future growth. They've been buying Bitcoin since announcing their strategy in April 2024 and plan to hold 10,000 BTC. - *Funding*: Metaplanet raised 9.5 billion yen ($60.6 million) through bond issuance to accelerate Bitcoin purchases. Their ambitious plan involves acquiring 210,000 BTC by 2027, which would require over $21 billion in capital. - *Current Holdings*: Metaplanet currently ranks as the world's ninth-largest publicly traded corporate holder of Bitcoin and the largest in Asia, with 4,206 BTC. - *Growth*: Their stock price surged 22% after announcing plans to buy $5.4 billion worth of Bitcoin, aiming to become the second-largest BTC holder among public companies.#MetaplanetBTCPurchase