Metaplanet buys 1,004 bitcoin for $104 million, pushing total holdings to 7,800 BTC
Powered by @unfolded- Metaplanet purchased 1,004 Bitcoin for approximately $104.3 million, raising its total holdings to 7,800 BTC, valued at around $806 million.
- The Japanese investment firm aims to reach 10,000 BTC by the end of 2025 and has been funding its purchases through bond issuances, including a recent $15 million offering.
- Metaplanet is currently the largest publicly listed corporate Bitcoin holder in Asia and ranks 11th globally.
- Following the latest purchase, Metaplanet's stock increased by 12.2% in Japan on the same day.
https://www.theblock.co/post/354749/metaplanet-buys-1004-bitcoin-for-104-million