Metaplanet Surpasses 10,000 BTC Milestone early
Metaplanet has achieved a meaningful milestone by accumulating 10,000 Bitcoin (BTC) six months ahead of its 2025 target. on June 16, the company announced the purchase of an additional 1,112 BTC at an average price of $105,000 each. This brings its total holdings to 10,000 BTC, marking a major step in its bitcoin strategy.
The latest acquisition, worth about $110 million, was funded through a new $210 million bond issued to EVO Fund. These zero-interest bonds mature in December 2025 but can be redeemed earlier. The funds will be used to buy more BTC, continuing its focused accumulation strategy.
Originally, metaplanet aimed to reach 21,000 BTC by 2026. However, it has now set its sights higher, targeting 100,000 BTC by the end of 2026 and 210,000 BTC by 2027.This move positions it as Asia’s largest corporate holder and the eighth largest globally. The firm expects minimal impact on its earnings but will update the market if needed. The company uses a metric called BTC Yield to track progress. As of June 16, the yield for the current quarter was 87.2%. This figure reflects the impact of both BTC purchases and share issuance.
to support its expansion, Metaplanet has raised capital through stock sales. It granted EVO fund 21 million new share rights in January. This aggressive approach has made it a major player in the Bitcoin market.
- Metaplanet now holds 10,000 BTC, six months ahead of schedule.
- The company aims for 100,000 BTC by 2026 and 210,000 BTC by 2027.
- metaplanet uses BTC Yield to measure its progress.
- It has raised funds through a $210 million bond and stock sales.
- The firm is now the eighth largest BTC holder globally.
Metaplanet’s strategy includes raising capital through bonds and stock sales. Its goal is to own 1% of Bitcoin’s total supply by 2027.
For more details, visit the official website.
