Metaplanet Expands Bitcoin Holdings Again in Steady March Toward 2026 Goal
Metaplanet has significantly increased its Bitcoin treasury, now holding 17,132 BTC after a recent acquisition of 780 BTC. The firm’s strategy, which began in 2024, is part of a long-term goal to acquire 100,000 BTC by the end of 2026. This latest purchase pushes the total value of its holdings to over $2 billion. Funding for these acquisitions has been sourced from new stock issuances in July, which included over 23 million shares. The updated '555 Million Plan' has set ambitious targets with aims to achieve 100,000 BTC by 2026 and 210,000 BTC by 2027. Given the current Bitcoin price around $119,200, the company would need to invest approximately $10 billion to reach its target, requiring monthly acquisitions of roughly 4,900 BTC until the deadline. Metaplanet's approach exemplifies its commitment to being a major player in the corporate Bitcoin space, similar to trends seen in Asia. The sustainability of this strategy relies on consistent market demand for Metaplanet's financial instruments and the broader crypto market conditions.
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