Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
coinpedia 2025-03-18 08:28:39

Metaplanet Expands Bitcoin Holdings Amid Market Corrections and Strategic Financing

Metaplanet Expands Bitcoin Holdings Amid Market Corrections and Strategic Financing

The post Metaplanet Expands Bitcoin Holdings Amid Market Corrections and Strategic Financing appeared first on Coinpedia Fintech News Metaplanet Inc. (Tokyo: 3350), a fast-growing company through a Bitcoin (BTC) treasury strategy, has strengthened its balance sheet with more Bitcoins amid the ongoing market correction. The mid-capped company, with a market capitalization of about ¥175 billion, announced an acquisition of an additional 150 Bitcoins. According to Simon Gerovich, the CEO of Metaplanet, the company spent around $12.5 million to acquire additional Bitcoins at an average price of about $83,508. Consequently, Metaplanet has now accumulated 3,200 Bitcoins and achieved a BTC Yield of 60.8 percent year-to-date. Metaplanet has acquired 150 BTC for ~$12.5 million at ~$83,508 per bitcoin and has achieved BTC Yield of 60.8% YTD 2025. As of 3/18/2025, we hold 3200 $BTC acquired for ~$266.2 million at ~$83,188 per bitcoin. pic.twitter.com/UMmVan28Xe — Simon Gerovich (@gerovich) March 18, 2025 Metaplanet Enrute to 10k Bitcoins As Coinpedia previously reported, Metaplanet aims to accumulate 10k Bitcoins by the end of 2025 and double the trove by the end of next year. The company has been using debt financing, equity issuance, and operational income to accumulate as many BTCs as possible. Worth noting that Metaplanet has attracted over 50k shareholders, with top recommendations from Strategy, formerly MicroStrategy. Earlier today, Metaplanet announced the issuance of ¥2 billion zero percent ordinary bonds to purchase additional Bitcoins. *Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC * pic.twitter.com/RhXoSZD3bw — Metaplanet Inc. (@Metaplanet_JP) March 18, 2025 Market Impact Bitcoin price has significantly benefited from the rising demand from institutional investors and nation-states to manage their treasuries. As of this writing, around 170 entities hold over 3.1 million Bitcoins in treasury, according to bitcointreasuries.net. With the diminishing supply of Bitcoin, through the halvings, amid the rising demand, the overall price action will eventually be bullish in the long haul. Furthermore, Bitcoin price will mirror Gold’s price action, which is currently in the price discovery phase after hitting a new all-time high earlier today.

Most Read News

Market Cap
24h Vol
60.37%
Bitcoin Share
51
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.