Metaplanet Snags 1,004 More Bitcoin, Now Sitting on Over $800 Million Worth of BTC!

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Here’s the scoop:

  • Metaplanet’s latest splurge? 1,004 more BTC for a cool $104.3 million, upping their stash to a hefty 7,800 BTC.
  • Their average bitcoin price? $91,300 – no big deal, right? Just over $806 million in total holdings now.
  • They’ve got a goal: 10,000 BTC by 2025. How? Oh, just a few bond sales to fund the cause.

Well, it looks like Metaplanet just went ahead and bought another 1,004 bitcoin (BTC) for the modest sum of $104.3 million. If you’re keeping track, that brings their grand total to 7,800 BTC. Not bad for a Monday morning purchase, huh?

They picked up these shiny new coins at an average price of $103,873 per bitcoin. You know, just a little bit more than a used car, but who’s counting?

Now, let’s do some math: With a total BTC stash purchased at an average of $91,300 per coin, their holdings are currently worth just over $806 million. I don’t know about you, but I can’t even wrap my head around that kind of cash.

This isn’t a fly-by-night operation either. Metaplanet’s playing the long game, aiming for 10,000 BTC by the end of 2025. And how are they funding all this? You guessed it, they’re using bond sales. You know, just a casual 15th bond issuance worth $15 million. Pocket change, really.

Oh, and as a cherry on top, bitcoin’s still hanging just below its all-time high, trading at around $103,343. All this is happening while the wider crypto market seems to be getting a little love from the macro sentiment gods.

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2025-05-19 10:20