π Metaplanet’s Bitcoin Bonanza: 269 BTC Acquired For $26 Million! π
Metaplanet, the Japanese investment firm that’s been compared to a certain elephant-sized Bitcoin whale (ahem, MicroStrategy), has made its first Bitcoin purchase of 2025. And what a splash it’s made! π The company has acquired a whopping 269 BTC for a cool $26 million. That’s a lot of yen, folks!
Metaplanet’s Bitcoin Bonanza Continues
Metaplanet’s CEO, Simon Gerovich, is no stranger to Bitcoin. He’s been on a mission to accumulate as much of it as possible, and it seems like he’s not slowing down anytime soon. The company’s latest purchase brings its total BTC holdings to a respectable 2,031 coins, acquired at an average price of $80,674 per coin. Not bad, not bad at all!
Gerovich was quoted as saying, “We’ve completed the first Bitcoin purchase of 2025. We believe this year will be an important one for our company. After a long break, we’re glad to resume acquiring Bitcoin.” Ah, the thrill of Bitcoin hunting! π£
But wait, there’s more! Metaplanet has ambitious plans to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. To achieve this, the firm plans to raise up to $745 million by issuing 21 million shares. That’s a lot of capital, folks!
And if you thought that was impressive, Gerovich also revealed that the company has generated a BTC yield of 15.3% on a year-to-date basis. That’s like finding a needle in a haystack, but instead of a needle, it’s a shiny Bitcoin! π
For those who don’t speak Bitcoin, a BTC yield is like a special sauce that measures how effectively a company is increasing its Bitcoin holdings. It’s like a secret ingredient that makes the company’s Bitcoin grow faster than a mushroom in a rainforest! π
Following today’s announcement, Metaplanet’s stock closed the day up 2.2% at 6,040 yen, or $39.88. Not bad, considering the company’s stock has surged 73.58% on a year-to-date basis and a whopping 3,600% over the past year! π
Corporate Bitcoin Purchases In 2025
It’s not just Metaplanet that’s been making waves in the Bitcoin world. Several companies have already added significant amounts of Bitcoin to their corporate treasuries in 2025. It’s like a Bitcoin party, and everyone’s invited! π
For instance, MicroStrategy (formerly known as Strategy) recently added 7,633 BTC to its reserves, bringing its total holdings closer to the pivotal 500,000 BTC mark. That’s like finding a giant Bitcoin treasure chest! πΉ
Similarly, Semler Scientific acquired 871 BTC earlier this month. At press time, BTC trades at $96,702, down 0.4% in the past 24 hours. Ah, the volatility of Bitcoin! π€―
Read More
- Top 5 Swords in Kingdom Come Deliverance 2
- Reverse: 1999 β Donβt Miss These Rare Character Banners and Future Upcoming Updates!
- EUR AUD PREDICTION
- Brent Oil Forecast
- How to Use Keys in A Game About Digging A Hole
- 8 Best Souls-Like Games With Co-op
- Best Avowed Mage Build
- USD VES PREDICTION
- LUNC PREDICTION. LUNC cryptocurrency
- Esil Radiru: The Demon Princess Who Betrayed Her Clan for Jinwoo!
2025-02-18 10:46