Japanese Investment Firm Metaplanet Expands Bitcoin Holdings with New Major Purchase

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Written by

Alexander Stefanov

Last Updated: Feb 20, 2025

Time to Read: 1 min

Japanese investment firm Metaplanet has expanded its Bitcoin holdings to 2,100 BTC, now controlling 0.01% of the total supply.

The latest acquisition added 68.59 BTC for $6.6 million at an average price of $96,335 per coin. This purchase aligns with its broader strategy to strengthen its Bitcoin reserves.

The firm also secured $20 million in equity funding within just two days as part of its Bitcoin-focused expansion.

In addition, it announced a 1-for-10 stock split set for April 1, 2025, following a similar move eight months ago.

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Metaplanet’s approach mirrors that of another major player known for aggressively increasing its Bitcoin treasury. Investor confidence remains strong, with the company’s shares rising over 1% to JPY 6,260.

#Bitcoin#price

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Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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Article Details

Written by

Alexander Stefanov

Last Updated: Feb 20, 2025

Time to Read: 1 min

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