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Metaplanet Acquires $108 Million in Bitcoin

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Key Points:

  • Metaplanet’s BTC holdings reach 13,350 BTC, surpassing major U.S. firms.
  • Stock prices surge by over 10% post-acquisition.
  • Institutional demand for BTC remains robust.

metaplanet-inc-acquires-significant-bitcoin-holdings
Metaplanet Inc. Acquires Significant Bitcoin Holdings

This increased acquisition positions Metaplanet as the fifth largest corporate BTC holder globally, driving further institutional interest in cryptocurrency.

Metaplanet Inc., led by CEO Simon Gerovich, has significantly added to its Bitcoin treasury with a new purchase of 1,005 BTC, raising its total holdings to 13,350 BTC.

Often likened to Asia’s MicroStrategy, Metaplanet’s bold strategy reflects an aggressive approach to digital asset accumulation, surpassing well-known companies such as Coinbase and Tesla. Following the announcement, Metaplanet’s stock experienced a surge exceeding 10%, emphasizing the robust market impact of such Bitcoin-centric strategies.

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This move reinforces the firm’s standing amidst significant institutional demand for Bitcoin, mirroring trends set by MicroStrategy in prior years.

Metaplanet’s purchase highlights its commitment to leveraging Bitcoin for capital growth, enhancing its market valuation. Simon Gerovich noted, “Just 3 months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC.”

This activity is consistent with historical trends where substantial Bitcoin acquisitions align with increased stock performance and a positive institutional sentiment. The event has not sparked regulatory alerts or changes within Japan, yet such actions are closely observed globally. CEO Simon Gerovich’s strategic communications continue to emphasize transparency, projecting confidence in Bitcoin’s value as a corporate asset.

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