Metaplanet Buys 1,111 BTC, Aims for 30,000 BTC
Japan's Metaplanet revealed it acquired 1,111 BTC, bringing its total to 11,111 BTC. The recent purchase was made at $106,408 per bitcoin. With this acquisition, Metaplanet's treasury is now valued at approximately $1.12 billion. Metaplanet had initially targeted 10,000 BTC by the end of 2025, but has since updated its goals to 30,000 BTC for 2025, 100,000 BTC by 2026, and 210,000 BTC by 2027. With this move, Metaplanet has become the ninth largest corporate bitcoin holder, surpassing Coinbase. As the new purchase figures are yet to be updated on Bitcointreasuries.net, it's estimated that Metaplanet's holdings now surpass Hut 8's 10,273 BTC. Meanwhile, Metaplanet's stock recently fell by 3.54% in Tokyo but remains significantly up for the year.
FAQ
❓ How much bitcoin does Metaplanet currently hold?
Metaplanet currently holds 11,111 BTC after their latest purchase.
❓ What is Metaplanet's bitcoin acquisition target for 2025?
Metaplanet plans to accumulate 30,000 BTC by the end of 2025.
❓ How has Metaplanet's stock performed recently?
Metaplanet's stock has fallen by 3.54% but remains up 393% since the start of the year.