21.02.2025 10:41
Metaplanet, which is traded on the Tokyo Stock Exchange, continues to expand its Bitcoin (BTC) holdings. With its recent acquisitions, the company has increased its total Bitcoin assets to 2,100 BTC, reaching a portfolio value of $203 million. While maintaining its target of 10,000 BTC by the end of 2025, Metaplanet's stock value has risen by 427% over the past six months.
As institutional investors' interest in Bitcoin increases, Metaplanet continues its aggressive buying strategy. The company made an additional purchase of 68.59 BTC at an average price of $96,335 per Bitcoin. The company, which quickly raised its assets from 141 BTC in June 2024 to 2,100 BTC, has reached a position where it holds 0.01% of the total Bitcoin supply.
Metaplanet Continues to Grow with Bitcoin Purchases
Following the announcement of its Bitcoin strategy in April 2024, the company's performance showed a remarkable increase.
The shares of the Japanese investment company have gained 80.75% since the beginning of the year. Especially in the last six months, the company's shares, which experienced a 427.24% increase, even rose by 2.78% on a day when the Nikkei 225 index fell by 1.24%.
The company management continues to demonstrate its determination to increase Bitcoin investments. Metaplanet, which maintains its targets of 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026, has established a significant position among institutional investors.