Japanese Firm Sacks Up Bitcoin!
Now listen here, folks 💎 Japanese investment firm Metaplanet is addin’ more Bitcoin to its pile, makin’ its total holdings over 3,000 BTC. The company recently scooped up 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. Seems like they’re gettin’ a good deal, if you ask me.
With this new bounty, Metaplanet now holds 3,050 BTC, worth nearly $250 million at today’s prices. That’s a pretty penny, wouldn’t you say?
Big Plans For Bitcoin Expansion
Well, Metaplanet ain’t just gonna sit on its laurels. They’ve made it plain they ain’t stoppin’ anytime soon. By January 2025, they’re aimin’ to have 10,000 BTC by the year’s end. And if that ain’t ambitious enough, they’re lookin’ to hold a whopping 21,000 BTC by the end of 2026. If they pull it off, they’ll be among the biggest Bitcoin holders in the world.
*Metaplanet Purchases Additional 162 $BTC*
— Metaplanet Inc. (@Metaplanet_JP) March 12, 2025
They’ve gone all in on Bitcoin, makin’ it their main squeeze. Adopting the Bitcoin Standard in April 2024 has seen their market performance skyrocket and shareholders are flockin’ to them like bees to honey. Now they’ve got over 50,000 stockholders; and their market cap has jumped by about 7,000% in less than a year.
Unprecedented Bitcoin Yield
Holdin’ Bitcoin has already paid off for Metaplanet. They dished out a 310% BTC Yield in the fourth quarter of 2024, showin’ just how smart their strategy is. They’re hopin’ to make even more from possible price rises by keepin’ on buyin’ Bitcoin in big chunks.
Metaplanet’s approach is just like other companies that are embracin’ Bitcoin as a long-term investment. They see Bitcoin as the best way to protect their value from all that economic uncertainty and inflation. This aggressive buyin’ spree shows they believe in Bitcoin’s future growth.
Growing Influence In The Bitcoin Market
With every new Bitcoin purchase, Metaplanet is makin’ its mark on the market. They’re movin’ up the ladder, even if they ain’t quite at the level of giants like Strategy, which owns 499,096 Bitcoins as of Feb. 24, 2025. Their commitment to stackin’ up Bitcoin at a fast pace sets them apart from a lot of other investment firms in Japan.
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2025-03-13 06:13