{"id":17395,"date":"2025-03-12T13:02:31","date_gmt":"2025-03-12T13:02:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17395"},"modified":"2025-03-12T13:02:31","modified_gmt":"2025-03-12T13:02:31","slug":"metaplanet-expands-bitcoin-stash-to-3050-btc-after-buying-162-more","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17395","title":{"rendered":"Metaplanet Expands Bitcoin Stash to 3,050 BTC After Buying 162 More"},"content":{"rendered":"
\n

Metaplanet has bought an additional 162 BTC worth $13.5 million.<\/p>\n

This latest acquisition brings its total Bitcoin holdings to 3,050 BTC.<\/p>\n

Details of The Purchase<\/h2>\n

CEO Simon Gerovich announced in a Wednesday post<\/a> on X that the Japanese investment firm spent approximately $13.5 million on the latest buy, paying an average price of $83,123 per coin.<\/p>\n

At current market rates, Metaplanet\u2019s total Bitcoin holdings are valued at approximately $249.4 million, while the total acquisition cost stands at around $253.7 million.<\/p>\n

Since launching its Bitcoin acquisition strategy in April 2024, the firm has consistently expanded its holdings. Just a week ago, it purchased 497 BTC for $43.9 million. Other recent buys include 156 BTC<\/a> for $13.4 million on March 3, 68 BTC<\/a> for $6.6 million on February 20, and 269 BTC<\/a> for $26 million on February 17.<\/p>\n

So far in 2025, Metaplanet has purchased nearly 1,300 BTC. In January, Gerovich announced<\/a> that the company aims to accumulate 10,000 coins by the end of this year and reach 21,000 by the end of 2026.<\/p>\n

The firm tracks the effectiveness of its accumulation strategy using Bitcoin Yield (BTC Yield), a key performance indicator that has seen notable fluctuations in recent quarters.<\/p>\n

Between July and September 2024, Metaplanet posted a 41.7% BTC Yield, which surged to 309.8% in the fourth quarter. So far in 2025, the metric stands at 53.2%.<\/p>\n

Metaplanet Stock Price Surges<\/h2>\n

Following the latest Bitcoin buy, Metaplanet\u2019s stock price has risen by 8.68% to JPY 3,630, according to Google Finance data<\/a>.<\/p>\n

The company has been growing its reserves through its Bitcoin Treasury Operations, which officially became a business line on December 18, 2024.<\/p>\n

As part of this initiative, Metaplanet\u2019s board of Directors has approved the issuance of its 8th series of ordinary bonds to EVO FUND. The bond issuance, valued at JPY 2 billion (approximately $18.2 million), was announced earlier today and is expected to directly fund further Bitcoin purchases.<\/p>\n

This development comes just two days after Strategy (formerly MicroStrategy) revealed its plans to raise $21 billion for Bitcoin acquisitions.<\/p>\n

According to a company notice<\/a>, this new funding initiative aligns with its January 28 announcement regarding stock acquisition rights, which outlined its plans to issue and sell shares of its 8.00% Series A perpetual strike preferred stock.<\/p>\n

The post Metaplanet Expands Bitcoin Stash to 3,050 BTC After Buying 162 More<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Metaplanet has bought an additional 162 BTC worth $13.5 million. This latest acquisition brings its total Bitcoin holdings to 3,050 BTC. Details of The Purchase CEO Simon Gerovich announced in a Wednesday post on X that the Japanese investment firm spent approximately $13.5 million on the latest buy, paying an average price of $83,123 per […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17395","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17395"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17395\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}