A naukri.com initiative
99Bitcoins
4w
151
Japan’s Metaplanet Boosts Bitcoin Stash By 1,112: Hits 10,000 BTC Total
- Japan’s Strategy equivalent, Metaplanet, acquires an additional 1,112 Bitcoin, reaching a total of 10,000 BTC as of June 16, 2025.
- The company issued $210 million worth zero-interest bonds to fund the acquisition.
- CEO Simon Gerovich announced the acquisition of 1,112 BTC for $117.2 million at $105,435 per Bitcoin, leading to a BTC Yield of 266.1% YTD 2025.
- Metaplanet now holds 10,000 BTC bought for $947 million at $94,697 per Bitcoin.
- Michael Saylor, a significant Bitcoin advocate, congratulated Metaplanet on its Bitcoin accumulation.
- Metaplanet credited Saylor, stating, 'Standing on the shoulders of giants.'
- Metaplanet and Strategy are at the forefront of corporate Bitcoin adoption, with recent acquisitions showing their commitment.
- Between May 19 and May 25, 2025, Strategy acquired 4,020 Bitcoins, totaling 580,250 BTC.
- Strategy is one of the largest corporate Bitcoin holders globally.
- CNBC’s Jim Cramer suggested that Apple should consider buying Bitcoin.
- Metaplanet achieved its target of acquiring 10,000 BTC earlier than expected, positioning it as a major Bitcoin holder.
- Metaplanet now stands as the seventh-largest publicly traded Bitcoin owner, surpassing Coinbase.
- The company's rapid Bitcoin accumulation showcases its robust investment strategy.
- The news was reported on 99Bitcoins.
- Metaplanet's aggressive Bitcoin accumulation strategy is paying off, making it a significant player in the cryptocurrency space.
Read Full Article
9 Likes
For uninterrupted reading, download the app