Metaplanet Boosts BTC Holdings to 8,888₿ 🚀
Japan's Metaplanet announced today the acquisition of an additional 1,088 Bitcoin, bringing its total to 8,888 BTC, valued at approximately $930 million. This recent purchase, costing 16.885 billion yen or $117.5 million, bought Bitcoin at a price of 15.5 million yen ($108,051) per token. This follows the company's issuance of $50 million in zero-interest bonds. Metaplanet aims to reach 10,000 BTC by the end of the year, having already acquired 7,126 BTC in 2025 alone. Since adopting a Bitcoin treasury strategy in April 2024, Metaplanet has become the largest publicly traded Bitcoin holder in Asia and ranks among the world's top 10. CEO Simon Gerovich credits MicroStrategy's Michael Saylor for inspiration. Following their lead, more companies are creating crypto treasuries using other altcoins. Metaplanet's stock on the Tokyo exchange grew by 2.34% to 1,094 yen, while the U.S. OTC Market-listed stock fell 7.64% to $7.25. Bitcoin currently trades around $105,000, stabilizing after last week's high.
FAQ
❓ What is Metaplanet's target for Bitcoin holdings?
Metaplanet aims to hold 10,000 BTC by the end of the year.
❓ How much did Metaplanet pay for the recent Bitcoin purchase?
They spent 16.885 billion yen, or $117.5 million, for 1,088 BTC.
❓ What inspired Metaplanet's Bitcoin strategy?
MicroStrategy's approach and Michael Saylor inspired Metaplanet's strategy.