Metaplanet Expands Bitcoin Holdings Again
Metaplanet has significantly increased its Bitcoin treasury, adding 780 BTC to its holdings, which now total 17,132 BTC valued at over $2 billion. This acquisition is part of a broader strategy initiated in 2024, aiming to acquire 100,000 BTC by the end of 2026. The Tokyo-listed firm funded this purchase through a new issuance of over 23 million shares in July, utilizing proceeds to redeem corporate bonds and buy more Bitcoin. The firm's updated '555 Million Plan' has seen its Bitcoin acquisition accelerate in 2025, changing its target from 21,000 BTC to 100,000 BTC by the end of 2026. With Bitcoin priced near $119,200, Metaplanet will need approximately $10 billion to reach its ambitious goal, requiring an average purchase of 4,900 BTC monthly over the next 17 months. Industry analysts indicate the sustainability of this strategy hinges on investor appetite in the capital markets, especially as current market conditions evolve, positioning Metaplanet as a leading corporate Bitcoin investor.
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