The post Metaplanet Nears 10,000 Bitcoin Goal appeared on BitcoinEthereumNews.com.

In a notable advancement, Japan’s Metaplanet is making significant strides towards its ambitious target of owning 10,000 Bitcoin. Following its latest acquisition, the company now claims to have secured half of its goal, reaching a total of 5,000 Bitcoin. This move not only boosts its trading capabilities but also strengthens its overall investment strategy. How Did Metaplanet Acquire Bitcoin?What Are Metaplanet’s Future Aspirations? Recently, Metaplanet finalized a deal to procure 145 Bitcoin at a cost of approximately 1.926 billion yen (around 13.473 million dollars). This acquisition is part of a broader strategy funded through capital market operations and profits from its business activities. The meticulous approach to these investments reflects the company’s commitment to navigating the volatile cryptocurrency landscape. Metaplanet aims to reach its goal of 10,000 Bitcoin by the conclusion of 2025. The company’s current holdings, making up 50% of this target, highlight its dedication to solidifying its position in the market. Viewing Bitcoin as an essential asset, Metaplanet intends to pursue larger investments moving forward. CEO Simon Gerovich emphasized, “Achieving 50% of our target marks a crucial milestone. Our goal is to emerge as a leading Bitcoin holder globally, spearheading the Bitcoin movement from Japan.” To date, Metaplanet has allocated around 64.091 billion yen towards its Bitcoin collection, acquiring holdings at an average price of 12,818,168 yen. These figures reveal the company’s strategic planning and careful assessment in its investment journey, conducted through its dedicated Bitcoin Treasury Operations. The organization also aims for 21,000 Bitcoin by the end of 2026, showcasing its proactive approach and adaptability in a fluctuating market. Funding for these ventures stems from operational earnings and capital market activities. Metaplanet’s investment plans and objectives offer valuable insights into the cryptocurrency sector, allowing market participants to evaluate the company’s portfolio strategies and long-term vision. These developments…

---

Filed under: News - @ April 26, 2025 3:23 am