<ul data-eligibleForWebStory="false"><li>Metaplanet acquired 2,205 BTC for $238.7 million, increasing its total BTC holdings to 15,555 and ranking it fifth among public firms.</li><li>Metaplanet aims to accumulate 210,000 BTC by 2027, rivaling MicroStrategy's significant Bitcoin position, as part of its strategy to build a scalable, Bitcoin-based business amid 42.4% YoY revenue growth.</li><li>The CEO, Simon Gerovich, confirmed the company's focus on building a sustainable business infrastructure on a BTC standard, emphasizing the firm's growing revenue from its Bitcoin Income Generation business.</li><li>Despite Metaplanet's bold moves in acquiring Bitcoin, its stock experienced a 1.8% drop initially. However, the broader market response has been positive, with the stock gaining 13.9% in the past month and 339% this year, reflecting investor confidence in its crypto-focused strategy.</li></ul>

Metaplanet Buys $238 Million in Bitcoin, Targets 210,000 BTC by 2027

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