Metaplanet Buys 1,007 More Bitcoin As Treasury Hits 20,000 BTC

Metaplanet has bought another 1,007 Bitcoin for $69 million, lifting its total corporate treasury holdings to 20,000 BTC. The company said the latest purchase was made at an average price of $68,520 per Bitcoin. At that level, Metaplanet’s Bitcoin balance is now valued at more than $1.38 billion, making the Japanese company one of the most closely watched corporate BTC holders in the market. This is not a recycled treasury update from August. It is a fresh purchase disclosure, and it shows Metaplanet is still adding to its Bitcoin position rather than simply sitting on earlier accumulation. Loading Tweet… View original post on X TL;DR Metaplanet acquired another 1,007 BTC for $69 million. The average purchase price was $68,520 per Bitcoin. The company’s total Bitcoin holdings now stand at 20,000 BTC. https://x.com/Metaplanet_JP/status/1830421456172052814 Metaplanet Keeps Buying Metaplanet has become one of the clearest examples of the corporate Bitcoin treasury strategy outside the United States. The model is familiar by now. A public company raises capital, reallocates reserves, or changes its treasury strategy around Bitcoin, then reports BTC holdings as a central part of its cor...