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Metaplanet’s Bitcoin strategy lifts stock by 443%, targets 1,000 BTC

  • Japanese investment company Metaplanet has acquired 107.913 BTC worth approximately $6.9 million, bringing its total Bitcoin holdings to 506.745 BTC.
  • Metaplanet's CEO, Simon Gerovich, expressed plans for further Bitcoin acquisitions and aims to accumulate 1,000 BTC.
  • Metaplanet ranks as the second-largest institutional Bitcoin holder in Asia, after Meitu Inc., and has outperformed traditional financial assets with a stock surge of 443% since adopting the Bitcoin standard.
  • The firm's Bitcoin-only treasury strategy has been attributed to its strong stock performance and positioning among the top 25 institutional Bitcoin holders globally.

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