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What's New

Bitcoin Surge: Metaplanet Unveils Bold 775 BTC Move!🚀

Crypto
Last updated: August 18, 2025 7:08 am
Crypto
Published August 18, 2025
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Bitcoin Surge: Metaplanet Unveils Bold 775 BTC Move!🚀

Metaplanet Expands Bitcoin Holdings with Significant Investment

Metaplanet is boosting its Bitcoin reserves substantially. The company recently purchased 775 BTC for $93 million, at an average of $120,006 per coin.

This move increases metaplanet’s total Bitcoin holdings to 18,888 coins, currently valued at $1.94 billion. CEO Simon Gerovich emphasized the companyS dedication to its Bitcoin strategy.

Gerovich noted, “18,888 BTC. Onward and upward,” signaling plans for more acquisitions. This latest transaction has bolstered Metaplanet’s BTC Yield to 480% year-to-date, a key metric measuring Bitcoin growth per share.

  • Metaplanet aims for 1% of BTC’s total supply, targeting 210,000 BTC by 2027.
  • In Q3 2025, the company acquired about 5,556 BTC.
  • Funds came from equity, debt, and stock rights.

To support more extensive future purchases, Metaplanet plans to raise $3.8 billion by issuing preferred shares backed by Bitcoin.

The immediate goal is to reach 30,000 BTC by the end of 2025. As of now, Metaplanet is about halfway there. Despite Bitcoin’s recent price drop to $115,436, metaplanet remains committed to its enterprising Bitcoin strategy.

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