menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

2w

read

17

img
dot

Japanese Firm Metaplanet Acquires 1,234 Bitcoin for Whopping $132 Million

  • Metaplanet, a Japanese firm, acquired an additional 1,234 BTC for $132.7 million, surpassing Elon Musk's Tesla Holdings in Bitcoin ownership and jumping to the seventh position in rankings.
  • The company has been aggressively buying Bitcoin throughout the year, increasing its holdings tenfold since the beginning of 2025.
  • Metaplanet now holds a total of 12,345 BTC, with a significant acquisition cost of nearly $1.20 billion, at $97,036 per Bitcoin, and has achieved a remarkable YTD Bitcoin yield of 315%.
  • The firm announced a $5 billion fundraising campaign for its US subsidiary and the recent BTC purchase halted a decline in Metaplanet's shares, considered by some investors as a buy-the-dip opportunity.

Read Full Article

like

1 Like

For uninterrupted reading, download the app