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BitcoinSistemi 2025-03-12 06:18:08

Japanese Investment Firm Metaplanet Does Not Listen to the Drop! Continues to Buy Bitcoin! Here is the Last BTC Amount It Bought

Tokyo-listed investment firm Metaplanet has expanded its Bitcoin holdings by purchasing an additional 162 BTC, bringing its total to 3,050 BTC. Metaplanet Adds 162 BTC to Treasury, Stock Jumps 8% According to CEO Simon Gerovich, who confirmed the purchase via X (formerly Twitter), the company spent $13.5 million on the latest purchase at an average price of $83,123 per Bitcoin. Despite the recent drop in the price of Bitcoin, Metaplanet's total assets are currently valued at approximately $249.4 million, compared to its acquisition cost of $253.7 million. Metaplanet has been steadily accumulating Bitcoin since April 2024, when it announced its Bitcoin acquisition strategy. In December 2024, the firm strengthened its commitment by designating Bitcoin treasury operations as a core business line. Just last week, Metaplanet purchased 497 BTC for $43.9 million, bringing its total Bitcoin purchases for 2025 alone to around 1,300 BTC. The firm has set an ambitious goal of holding 10,000 BTC by the end of this year and 21,000 BTC by 2026. Stocks Surging Amid Bitcoin Accumulation Following the announcement, Metaplanet's stock price rose 8.1% to 3,610 yen in midday trading in Japan, according to Yahoo Finance. As institutional Bitcoin adoption continues to grow, Metaplanet's aggressive accumulation strategy positions it as one of the most Bitcoin-heavy public firms in Japan. *This is not investment advice. Continue Reading: Japanese Investment Firm Metaplanet Does Not Listen to the Drop! Continues to Buy Bitcoin! Here is the Last BTC Amount It Bought