Crypto News
- Metaplanet has increased its Bitcoin reserves to 2,888 BTC, targeting a total of 21,000 BTC by the year 2026.
- Whales have acquired 20,000 BTC as Bitcoin falls below $88K, indicating strong demand.
Metaplanet’s shares are soaring once again, rising by 14% after the Japanese firm announced a new Bitcoin [BTC] purchase valued at $43.9 million.
This recent acquisition, made during market fluctuations caused by Trump’s new tariffs, has brought Metaplanet’s total Bitcoin holdings to 2,888 BTC at an average price of $84,240 per coin.
However,despite Bitcoin’s recent drop to $83,000,the leading cryptocurrency was experiencing a slight recovery and trading around $89,694 at the time of this report.
Cryto News: Metaplanet’s stock experiences an upswing
Metaplanet’s shares on the Tokyo Stock Exchange surged over twenty percent to ¥4 ,045 (approximately $27.08), according to Google Finance.
Despite some volatility , the company achieved a remarkable one thousand seven hundred percent increase over the past year , solidifying its position as a top performer .
Metaplanet is actively continuing its Bitcoin accumulation strategy , purchasing one hundred fifty-six BTC on March third , marking its second acquisition this week .
The firm acquired seven hundred ninety-four point five BTC in twenty twenty-five , reporting sixty-six million dollars in first quarter profits , reinforcing its bullish stance on Bitcoin .
Aiming for a total of twenty-one thousand BTC by two thousand twenty-six , Metaplanet is spearheading Japan’s adoption of Bitcoin and enhancing its market presence .
Consequently , these latest acquisitions have positioned Metaplanet as the twelfth largest corporate holder of Bitcoin globally and the largest in Asia surpassing Hong kong’s Boyaa Interactive .
Actually , these recent purchases have elevated it to be recognized as both twelfth largest corporate holder worldwide and number one in Asia according to BiTBO .
Cryto News: CEO Simon Gerovich shares insights
Simultaneously occurring，Metaplanet CEO Simon Gerovich has been engaging with NYSE and Nasdaq officials，hinting at potential global listing opportunities.
“We are considering how best to make Metaplanet shares more accessible for investors around the world,”
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