Metaplanet Adds 150 More BTC: Will This Massive Move Pay Off?
As part of its ongoing Bitcoin accumulation strategy, the Japanese investment firm Metaplanet purchased an additional $12.6 million worth of Bitcoin. On Monday, Metaplanet declared that it had acquired an additional 150 bitcoins at a price of almost $83,801 each. Simon Gerovich, CEO of Metaplanet, stated that this increased its overall holdings to 3350 BTC. The company’s 3350 BTC is currently valued at roughly $291.3 million based on market values.
Metaplanet Targets 21,000 BTC as Eric Trump Joins Team
Following the appointment of Eric Trump, Donald Trump’s second son, to its Strategic Board of Advisors on Friday, the firm took this action. According to Gerovich, the company’s goal of becoming one of the top Bitcoin Treasury companies in the world will be aided by Eric Trump’s economic acumen and enthusiasm for Bitcoin.
Since launching its Bitcoin adoption strategy in April 2024, Metaplanet has been actively purchasing the biggest cryptocurrency in the world. By the end of 2025, the corporation wants to have 10,000 Bitcoin, and by the end of 2026, 21,000 Bitcoin. The Japanese company is now the largest bitcoin holder in Asia and the tenth largest public corporate bitcoin holder globally, according to Bitcointreasuries.net. However, with about 500,000 BTC, Michael Saylor’s Strategy is still at the top of the list.
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