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Metaplanet Expands Bitcoin Holdings With Additional Purchase of 269.43 BTC

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Metaplanet announced on Monday that it has acquired an additional 269.43 BTC, valued at approximately $26.4 million (¥4 billion). This latest purchase brings the company’s total holdings to around 2,031 BTC, which is worth about $196 million at current prices. With an average purchase price of around $80,700 per bitcoin, Metaplanet’s overall investment in bitcoin has seen an increase in value of about 16%. The recent acquisition follows Metaplanet’s successful ¥4 billion zero-coupon bond issuance and the approval of 21 million shares to fund further bitcoin purchases, as the company aims to reach a target of 21,000 BTC by 2026.

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Metaplanet Expands Bitcoin Holdings With Additional Purchase of 269.43 BTC
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