Metaplanet adds $627 million to its Bitcoin stack.
With the purchase of 5,419 more Bitcoin at an average price of almost $115,900 per coin, Tokyo-based investment firm Metaplanet has increased its total holdings to 25,555 Bitcoin.
According to Crypto News, the acquisition, which is estimated to be worth 93.65 billion yen ($627 million), demonstrates the company’s ability to invest a substantial sum of money in digital assets.
The average cost basis for Metaplanet’s whole Bitcoin stack is currently at $104,400 per BTC as a result of this acquisition. The company is now one of the biggest corporate Bitcoin holders in the world, with reserves valued at roughly 398.21 billion yen, or $2.67 billion.
aggressive accumulation approach supported by the financial system
The business is still pursuing quick Bitcoin acquisition through debt funding and equity offerings. Through an international share placement earlier this year, Metaplanet raised over $1 billion, with a significant amount of the profits going toward Bitcoin acquisitions. Additionally, it unveiled the “BTC Yield” metric, which was created to gauge the growth of Bitcoin per share while taking shareholder dilution into consideration.
This yield climbed 10.3% between July 1 and September 22, indicating effective balance sheet expansion in spite of higher issuance. Metaplanet is establishing itself as a stand-in for investors looking to gain exposure to Bitcoin through equities markets by linking growth indicators to Bitcoin accumulation.
Long-term vision to rival top corporate treasuries
In terms of Bitcoin reserves, Metaplanet has surpassed companies like Coinbase and Tesla to become Asia’s largest public corporate Bitcoin holder. Its long-term plan is for holding 30,000 Bitcoin by the end of 2025, 100,000 by 2026, and 210,000 by 2027, or about 1% of the cryptocurrency’s fixed supply.
These goals show a deep belief in Bitcoin as a hedge against inflation and the depreciation of fiat money. The FTSE Russell raised the company to mid-cap classification despite short-term share volatility, and it has drawn a sizable number of foreign investors. Metaplanet is becoming one of the most significant corporate actors in the Bitcoin markets thanks to its aggressive treasury model and growing U.S. footprint.
We recently reported that one of the biggest corporate bitcoin holdings in the world, Tokyo-listed Metaplanet (MTPLF), has established a new Miami-based U.S. company called Metaplanet Income Corp.
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