Metaplanet completes 50% of planned Bitcoin buys for 2025
The Japanese investment company Metaplanet increased its Bitcoin holdings to 5,000 BTC with a new purchase of 1.9 billion yen.
Metaplanet Inc., based in Tokyo, acquired 145 additional bitcoin (BTC), bringing its total assets to 5,000 BTC in the context of Bitcoin cash operations in the company, according to a Thursday regulatory deposit.
The company revealed to have bought the 145 BTC for a total of 1.9 billion yen (approximately $ 13.4 million). The average purchase price of all Bitcoins held by Metaplanet is now 12.8 million yen by Bitcoin (around $ 89,000).
Metaplanet’s managing director Simon Gerovich, noted A post X that following the last purchase, Metaplanet reached 50% of its initial target of 10,000 BTC by the end of 2025.
The metaplanet key performance metric, BTC renders, has climbed strongly during recent quarters, reaching 13.0% on April 24. The Tokyo -based company has also announced the full exercise of its rights to acquire the 14th series and a partial early repurchase of its 11th series.
Like crypto.News reported Earlier, Metaplanet acquired 696 BTC in the first quarter thanks to its Bitcoin income generation activity, a program focused on the sale of secure bitcoin options in cash.
Metaplanet bought Bitcoin little time after increasing 2 billion yen thanks to its 10th series of ordinary obligations, which was entirely allocated to Evo Fund for more Bitcoin purchases. Since he started accumulating Bitcoin, his stock has jumped more than 3,000%. In total, the company aims to have 21,000 BTC by the end of 2026.
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