Key Takeaways
- Metaplanet acquired 1,005 extra bitcoin, elevating its whole to 13,350 BTC.
- The corporate now surpasses Galaxy Digital and CleanSpark in bitcoin holdings.
- Metaplanet goals to carry over 210,000 BTC by the tip of 2027.
Japanese funding agency Metaplanet has bought a further 1,005 bitcoin, bringing its whole holdings to 13,350 BTC, now valued at roughly $1.4 billion.
The acquisition, valued at $108.1 million with a mean buy value of $107,601 per bitcoin, pushes Metaplanet forward of Galaxy Digital (12,830 BTC) and CleanSpark (12,502 BTC) in whole bitcoin reserves.
For real-time knowledge on firm bitcoin holdings, see Metaplanet’s portfolio and checklist of all treasuries.
Simon Gerovich, CEO of Metaplanet, highlighted the fast tempo of accumulation:
“Simply three months in the past, we introduced dwell at our shareholder assembly that we hit 3,350 BTC — and now we’ve added 10,000 extra to achieve 13,350 BTC.”
2027 objective
Earlier this month, Metaplanet set a revised objective to surpass 210,000 BTC by 2027.
The agency additionally issued zero-interest atypical bonds price 30 billion yen ($208 million), with some proceeds earmarked for bitcoin purchases and the buyback of beforehand issued bonds.
Market response and business context
Following the announcement, Metaplanet’s inventory value rose 9.9% on Monday morning in Japan.
Yr-to-date, shares have soared 370.7%.
The corporate’s aggressive bitcoin technique locations it because the world’s fifth-largest publicly listed company holder of bitcoin. Technique (MicroStrategy), led by Michael Saylor, stays on the high with 592,345 BTC, as tracked in MicroStrategy’s holdings.