Metaplanet expands Bitcoin to 2100 BTC with $ 6.6 million
Metaplanet has announced that the total Bitcoin’s possessions amounted to 2100 BTC, and it is now $ 196 million.
The company revealed that it recently bought 68.59 BTC for $ 6.6 million at an average price of 96,335 dollars.
0.01 % of the total bitcoin supply
On February 20 x mailThe company highlighted that its BTC reserves now constitute “0.01 % of the total bitcoin supply”.
The Japanese investment company is working to rapidly increase Bitcoin’s possessions as part of the treasury. According to the “Bitcoin Plan”, which was shared on January 28, Metapanet aims to reach 10,000 BTC by the end of 2025 and 21000 BTC by the end of 2026.
The outfit increased significantly from its purchases of the number one cryptocurrency since mid -2014 when it started using it as a means of protection from inflation.
This last acquisition comes shortly after a precedent earlier this week, as the company bought 269.43 BTC at a value of $ 25.6 million, thus reaches its total holdings to 2031 BTC. Before that, Metaplanet has made several other purchases, including the largest so far in December 2024, when it got nearly 620 BTC worth $ 60.6 million.
CEO Simon Girovic said that the adoption of the Bitcoin standard was a change of games, which helped to create metaplanet as the best company to focus on BTC in Tokyo. During the past year, the price of his share increased by more than 4000 %. In addition, the company is scheduled to be included in the MSCI JAPAN index on February 28, a step expected to attract more investors.
Capital market activities
Metaplanet cultivates its reserves through Bitcoin Treasury, which officially became a trade line on December 18, 2024.
The company funds these purchases using the capital market activities and their revenues. In line with this, its board of directors approved many financial moves.
On January 28, 2025, it issued 21 million rights to obtain shares for the EVO box in five slides at an adjustable exercise price. On February 10, it also released 4 billion yen bonds for the EVO box, with money allocated to buy Bitcoin.
By February 13, full Metaplanet received 4 billion yen and adjusted its spending to accelerate the BTC acquisitions. On February 19, two billion yen of these bonds has ever looked, using money from the rights to obtain shares in the EVO fund.
Between 18 and 19 February, more than 11 % of the thirteenth series of stock acquiring rights were practiced, raising 3.02 billion yen and contributing 2.38 % to the “21 million plan” in Metaplanet.
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