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Japanese investment firm Metaplanet has bought Bitcoin again! How much time is left for the 10,000 Bitcoin target? Here are the details.
The Japanese investment firm Metaplanet announced that it has increased its total assets to 8.888 BTC by buying 1.088 Bitcoin (BTC) more.
Japan Metaplanet Bought 1.088 Bitcoin More
Its current value is over 930 million dollars. This buy out strengthens Metaplanet's position as one of Asia's largest publicly traded Bitcoin holders and one of the top 10 institutional Bitcoin holders globally.
The last purchase transaction made at an average price of 15.5 million yen per BTC, which is (108.051 dollars), cost the company approximately 16.885 billion yen ( or about 117.5 million dollars). The announcement came after Metaplanet recently issued zero-interest bonds worth 50 million dollars, signaling that the aggressive approach towards accumulating Bitcoin will continue.
With this purchase, Metaplanet has taken another step closer to its year-end target of 10,000 BTC by obtaining 7,126 BTC in 2025. Since adopting its Bitcoin treasury strategy in April 2024, the company has rapidly risen among institutional holders, drawing parallels with the U.S. software firm MicroStrategy, which maintains its global leadership with 580,250 BTC.
Metaplanet CEO Simon Gerovich clearly pointed to MicroStrategy and its chairman Michael Saylor as the inspiration behind the company's Bitcoin-centered strategy. In a previous statement, Gerovich emphasized the company's long-term vision by saying, "Bitcoin is the foundation of a new financial paradigm."
The success of Metaplanet has encouraged similar moves by other companies, including Twenty One, led by Bitcoin advocate Jack Mallers. Beyond Bitcoin, an increasing number of firms are now turning to Ether, XRP, Solana, and other digital assets to create crypto-based corporate treasuries.
Following the announcement, Metaplanet shares on the Tokyo Stock Exchange rose by 2.34% to 1,094 yen as of 13:15 local time. According to Yahoo Finance data, the stock has increased more than twenty times over the past year. However, shares listed on the OTC in the U.S. closed at $7.25 last Friday, down 7.64% from (MTPLF).
Meanwhile, Bitcoin's price continues to consolidate and is currently trading around $105,000 after retreating from its all-time high of $111,800 last week. Market observers see Metaplanet's ongoing accumulation as a strong vote of confidence in Bitcoin's long-term trajectory amid continued institutional adoption.
*This is not investment advice.
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