Metaplanet Hits 5K BTC—Another $13M in Bitcoin Added

Metaplanet, a Tokyo-based company, has hit 5,000 BTC. Just last week they bought 145 BTC for $13.6 million. As of now they are well on their way to their 2025 goal of 10,000 BTC.

They bought the recent 145 BTC at an average price of $93,327 per coin. This is part of Metaplanet’s strategy which is similar to MicroStrategy’s.

Total Investment: $428 Million

Metaplanet has been bold with their Bitcoin strategy, committing $428 million to their 5,000 BTC. They spent that at an average price of $85,621 per Bitcoin.

The recent buy was after they bought 330 BTC for $28 million which brought them close to 5,000 BTC. With the new buy they now have 5,000 BTC and are set to grow in the crypto market.

2025 Goal: Metaplanet aims for 10,000 BTC

CEO Simon Gerovich said Metaplanet is half way to their 2025 goal of 10,000 BTC. The recent 145 BTC buy is a big step towards that. They are also exploring ways to fund their Bitcoin buys including issuing zero interest bonds for BTC purchases.

To further strengthen their strategy Metaplanet has appointed Eric Trump to their Strategic Board of Advisors. Despite Metaplanet’s buys, Bitcoin prices have remained stable above $90,000.

Key Points:

• 5,000 BTC: Metaplanet has 5,000 BTC and more to come.

• Big Investment: $428 million at an average price of $85,621 per BTC.

• 10,000 BTC: They are half way to their 2025 goal of 10,000 BTC.* New ways to fund