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Metaplanet Buys 1,088 More BTC, Expands Treasury Strategy

  • Metaplanet Inc. acquires an additional 1,088 BTC as part of its Bitcoin Treasury Operations, spending approximately $117.5 million.
  • The company's total Bitcoin holdings now stand at 8,888 BTC, with an average purchase price of 13.75 million yen per Bitcoin.
  • Inspired by Michael Saylor's leadership, Metaplanet adopted its BTC treasury strategy in April 2024 and aims to reach 10,000 BTC by 2025.
  • Metaplanet recently issued $21 million in zero-coupon bonds and closed a $50 million funding round to support its Bitcoin accumulation strategy.

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