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    Home»Bitcoin»Japan’s Metaplanet Expands Bitcoin Holdings to 2,100 BTC – Bitbo
    Japan’s Metaplanet Expands Bitcoin Holdings to 2,100 BTC – Bitbo
    Bitcoin

    Japan’s Metaplanet Expands Bitcoin Holdings to 2,100 BTC – Bitbo

    By Crypto EditorFebruary 20, 2025No Comments2 Mins Read
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    Japan’s Metaplanet Expands Bitcoin Holdings to 2,100 BTC – Bitbo

    Key Takeaways

    • Metaplanet purchased 68.59 BTC at a median worth of $96,335 per coin.
    • The agency now holds 2,100 BTC, valued at roughly $203 million.
    • Metaplanet targets 10,000 BTC by the top of 2025 and 21,000 BTC by 2026.

    Japanese funding agency Metaplanet has continued its aggressive Bitcoin accumulation, buying an extra 68.59 BTC at a median worth of $96,335 per coin.

    The $6.6 million acquisition brings its whole holdings to 2,100 BTC, valued at roughly $203 million.

    Bitcoin technique & targets

    Since saying its Bitcoin technique in April 2024, Metaplanet has considerably expanded its holdings, up from simply 141 BTC in mid-2024.

    The corporate goals to carry 10,000 BTC by the top of 2025 and 21,000 BTC by the top of 2026.

    Inventory efficiency

    Following the announcement, Metaplanet’s inventory closed 2.78% increased at 6,290 yen on Thursday.

    The corporate’s inventory worth has surged 80.75% for the reason that begin of the yr and 427.24% over the previous six months, considerably outperforming Japan’s Nikkei 225 index, which dipped 1.24% on the day.

    Market place

    Metaplanet now holds about 0.01% of Bitcoin’s whole provide, solidifying its place as certainly one of Japan’s most distinguished Bitcoin buyers.

    Bitbo Dashboard → / Authentic Article

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