Metaplenet expands its institutional reserve with the purchase of 780 bitcoins


By Angel di Matteo @Shadowargel

The Japanese firm quoted in the Stock Exchange has added 780 BTC to its treasury, reaching a total reserve of 17,132 units, valued at almost USD $ 2,000 million.

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  • Metaplenet acquired its most recent lot of BTC for an average of USD $ 118,622 each.
  • Plans to accumulate more than 210,000 BTC by 2027, equivalent to 1% of the supply of Bitcoin.
  • Its income in the second quarter grew 42.4% year -on -year, driven by its approach Bitcoin.

Metaplanet, tokyo -based company and quoted in stock market, it continues to strengthen its accumulation strategy Bitcoin With a new purchase of 780 BTC, valued at approximately USD $ 92.5 million. The acquisition was made at an average price of USD $ 118,622 per unit.

The company shared the information today, reaffirming its upward vision about the main cryptocurrency of the market. With this purchase, Metaplenet accumulate a total of 17,132 BTC, equivalent to about USD $ 2 billion, according to current prices.

Metaplenet It is already one of the biggest corporate holders of BTC

According to portal data Bitcintreasuries, Metaplenet It is currently located as the seventh largest holder of Bitcoin Among the companies that contribute publicly. This position has been consolidated in record time, considering that its accumulation strategy began in April 2024.

The company’s CEO, Simon Gervich, confirmed in his X account that all purchases of Bitcoin The firm were made at an average price of USD $ 101,030 per unit, reflecting proactive accumulation management.

In addition, in June, the company updated its objectives and announced its intention to reach a possession of more than 210,000 BTC By the end of 2027which would be equivalent to controlling approximately 1% of the entire supply in circulation of Bitcoin.

Bitcoin Promote income and stock yield

The strategic orientation of Metaplenet Towards Bitcoin is not only reflected in his balance, but also in his financial performance. According to its latest quarterly report published at the beginning of July, the business focused on BTC It generated revenues for about 1,100 million yen (USD $ 7.6 million) during the second quarter of the year.

This result represents an interannual growth of 42.4%, demonstrating that the Bitcoin strategy is being fruitful beyond the reserves in Treasury.

In the Japan Stock Exchange, the action of Metaplenet It rose 5.6% on Monday, reaching a price of 1,247 yen (USD $ 8.4) at noon, while the market remained open. While their shares have dropped 16.3% in the last month, the yield so far this year remains remarkable, with a rise of 258.3% according to data from Yahoo Finance.

Bitcoin remains firm in the current environment

In parallel to the news, the price of Bitcoin rose 0.9% in the last 24 hours, placing at USD $ 119,267 at the time of writing, according to market data

This slight rebound in the price seems to align with the renewed institutional interest shown by companies such as Metaplanet, that continue to bet on cryptocurrency as a strategic asset in a global uncertain macroeconomic context.

The long -term approach to Metaplenet Contrast with more conservative strategies adopted by other companies. Its objective of controlling a significant fraction of the total supply of BTC It underlines an ambitious narrative that combines accumulation, active management and exposure of the asset.


Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of UNSPLASH.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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