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bitcoin
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$114,270 0.31%
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binancecoin
BNB (BINANCECOIN)
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pepe
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bonk
Bonk (BONK)
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bitcoin
Bitcoin (BITCOIN)
$114,270 0.31%
ethereum
Ethereum (ETHEREUM)
$3,557 1.98%
binancecoin
BNB (BINANCECOIN)
$757.12 0.96%
solana
Solana (SOLANA)
$162.31 0.35%
ripple
XRP (RIPPLE)
$2.99 3.98%
shiba-inu
Shiba Inu (SHIBA-INU)
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pepe
Pepe (PEPE)
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bonk
Bonk (BONK)
$0.000027 4.34%
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Metaplanet Buys 463 Bitcoin, Total Holdings Reach 17,595 BTC

Highlights:

  • Metaplanet adds 463 BTC, bringing total holdings to 17,595 BTC worth $1.78 billion.
  • It aims to reach 210,000 BTC by 2027, or 1% the total supply.
  • The company plans to raise ¥555B to keep funding its steady BTC buying strategy.

Japanese Bitcoin company Metaplanet has acquired 463 Bitcoins for 8 billion yen ($53.7 million). The average price for the new acquisition was about $115,895, the company shared in a statement on August 4. CEO Simon Gerovich confirmed that the company now holds a total of 17,595 BTC, acquired for approximately $1.78 billion at an average price of $101,422.

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Metaplanet became the first publicly listed company to announce a Bitcoin purchase in August. According to Yahoo Finance data, Metaplanet’s stock dropped 4.7% by midday Monday in Japan, while trading hours were still ongoing. The announcement followed a strong surge in corporate crypto buying. In the last week of July, 16 firms together added over $7.8 billion in crypto to their holdings.

Metaplanet’s latest purchase shows it still plans to keep buying Bitcoin, even with signs of tough times ahead. Guided by Gerovich, Metaplanet has successfully reached 8.4% of its long-term goal to accumulate 210,000 Bitcoins by the close of 2027. This target represents a full 1% of the total Bitcoin supply currently in circulation.

Metaplanet Targets 210,000 BTC with Fast Growth and Simple Strategy

Metaplanet is growing its Bitcoin treasury fast, using equity sales and debt funding. Since June 30, Metaplanet has added over 4,200 BTC, mostly by using stock acquisition rights. In July, Metaplanet used ¥12.75 billion ($88.99 million) from bond redemptions to purchase more Bitcoin.

The latest Bitcoin purchase came after the company filed plans on Friday to raise 555 billion yen ($3.7 billion). It will issue new preferred shares to support its Bitcoin buying strategy. The company has set clear targets—30,000 BTC by the end of 2025, 100,000 BTC by 2026, and 210,000 BTC by 2027. This is the same method Michael Saylor’s company, Strategy, used to grow its Bitcoin holdings to over 628,700 BTC.

Gerovich said:

“Our goal is to have multiple tools to raise capital for buying Bitcoin. On a Bitcoin standard, the mission is to continuously grow Bitcoin per share. Issuing perpetual preferreds is a highly accretive tool designed to maximize long-term shareholder value.”

Metaplanet Ranks 7th in Bitcoin Holdings as BTC Returns Hit 170%

So far this year, Metaplanet has recorded a 170% return on its BTC investments. In the current quarter alone, the return has reached 24.6%. Its main metric, Bitcoin per fully diluted share, has risen to 0.0201. This is a big jump from 0.00088 just one year ago. These results show not only strong price gains but also better value for shareholders through a Bitcoin-focused financial model.

Holding a total of 17,595 BTC, Metaplanet currently stands as the world’s seventh-largest Bitcoin holder. It stands behind Strategy, MARA, XXI, Bitcoin Standard Treasury Company, Riot, and Trump Media, based on data from Bitcointreasuries. An increasing number of Bitcoin-focused firms are emerging, with 162 now holding BTC on their balance sheets. This is up from 112 recorded on May 26.

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