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Metaplanet Expands Bitcoin Holdings With 797 Bitcoin Purchase as BTC Hits All-Time High

  • Metaplanet purchased 797 BTC for $93.6 million, raising total holdings to 16,352 BTC worth $1.64 billion.
  • The firm bought at an average price of $117,451 per BTC during Bitcoin’s record-breaking rally above $120,000.
  • Metaplanet aims to own 210,000 BTC by 2027 and is currently the fifth-largest public Bitcoin holder.
  • Metaplanet is utilizing Bitcoin for business expansion, borrowing against assets to purchase cash-generating businesses.

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