Metaplanet's Bitcoin Holdings Surge: Discover How They Acquired 68 More BTC!

Metaplanet Hits a Major Milestone

Metaplanet has now accumulated 2,100 BTC, representing 0.01% of the total Bitcoin supply of 21 million BTC. Recently, the Tokyo-listed firm purchased 68.59 BTC for $6.6 million at an average price of $96,335 per Bitcoin.

Stock Performance

Following this acquisition, shares of Metaplanet have seen a 1% increase in the market, trading at 6,260 JPY.

Funding and Future Plans

According to Dylan Le Clair, Metaplanet raised $20 million in equity capital during the first two trading days of its "21 million plan". Furthermore, it was announced on February 18 that the company will execute a 10-1 stock split on April 1, just eight months after a 1-for-10 reverse split.

Key Takeaways

• Total BTC Holdings: 2,100 BTC (0.01% of total supply)
• Recent Purchase: 68.59 BTC at $96,335 each
• Market Reaction: Shares up 1%, trading at 6,260 JPY
• Equity Raised: $20 million in first two days of trading
• Upcoming Stock Split: 10-1 split on April 1

Metaplanet continues to expand its Bitcoin holdings and solidify its position in the market.