Jakarta, Pintu News – Metaplanet, a Japan-based investment firm, has reached an important milestone in their Bitcoin accumulation strategy.
With the latest purchase, Metaplanet managed to add 145 Bitcoin (BTC) to its portfolio, bringing their total holdings to 5,000 BTC.
The move is part of the company’s ambitious plan to collect 10,000 BTC by the end of 2025.
In the last transaction, Metaplanet spent approximately $13.6 million to buy 145 Bitcoin (BTC). The average price per Bitcoin (BTC) purchased by the company was $93,327.
With this acquisition, Metaplanet not only strengthens its position in the crypto market, but also demonstrates a strong commitment to their long-term investment strategy in digital assets.
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The company has implemented several innovative funding methods to support this massive buyout, including the issuance of zero interest bonds. This move demonstrates Metaplanet’s progressive approach to securing digital assets without significantly straining the company’s coffers.
Simon Gerovich, CEO of Metaplanet, revealed that this achievement marks half of the company’s annual target.
With total holdings now at 5,000 BTC, Metaplanet is on track to reach its target of 10,000 BTC by the end of 2025. This demonstrates the company’s long-term vision in utilizing the full potential of Bitcoin (BTC).
Additionally, Metaplanet has seen a significant increase in their key performance metric, namely BTC Yield, which reached 13.0% on April 24th. This increase reflects the company’s effective strategy in managing and maximizing their crypto assets.
Although Metaplanet continues to increase their Bitcoin (BTC) holdings, the price of Bitcoin (BTC) itself has not shown any significant reaction, with trading tending to stabilize above $90,000.
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However, aggressive acquisition activities by Metaplanet could signal greater market confidence in Bitcoin (BTC) and its growth potential. By adding strategic figures such as Eric Trump to its Advisory Board, Metaplanet seeks to strengthen their position in the global market.
This move also shows how serious Metaplanet is about utilizing global consulting and influence to advance their Bitcoin (BTC) initiative.
Overall, by achieving 50% of their Bitcoin (BTC) acquisition target for 2025, Metaplanet affirmed their position as a major player in the crypto industry.
This success not only demonstrates the company’s confidence in the long-term value of Bitcoin (BTC), but also sets a strong foundation for further growth and expansion in the coming years.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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