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Tokyo-listed tech firm Metaplanet has acquired an additional 780 BTC worth approximately $92.5 million reinforcing its strong belief in the future of bitcoin. The purchase was made at an average price of $118,622 per bitcoin marking another major step in the company’s ongoing crypto investment strategy.
Metaplanet now holds a total of 17,132 BTC valued at around $2 billion based on current market prices. CEO Simon Gerovich confirmed on X that the firm’s overall bitcoin acquisitions were made at an average price of $101,030 per bitcoin. This makes Metaplanet the seventh largest corporate bitcoin holder in the world according to Bitcointreasuries data.
The company began its bitcoin accumulation strategy in April 2024 and remains committed to aggressive growth. Last month Metaplanet announced a bold new goal to hold over 210,000 BTC by the end of 2027 which would give it control of roughly 1% of the total bitcoin supply signaling long-term confidence in the digital asset.
