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Home»Security»Metaplanet announces $ 117.5 million Bitcoin Buy, shares increase 10%
Security

Metaplanet announces $ 117.5 million Bitcoin Buy, shares increase 10%

June 3, 2025No Comments
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Metaplanet has reached a symbolic step in its aggressive Bitcoin purchasing strategy, pushing its assets to 8,888 BTC after announcing a new purchase of $ 117.5 million.

In a post X earlier in the day, the company said it bought an additional 1,088 BTC, bringing its total assets to 8,888, a certain number considered lucky in Chinese and Japanese cultures because of its association with prosperity.

The company’s shares jumped almost 10% during negotiation hours in Asia asThe latest BTC purchase brought Metaplanet closer to its end -of -year objective in 2025 to have 10k bitcoin.

Bitcoin

Metaplanet accumulates the Bitcoin accumulation strategy in 2025

The most recent purchase comes after Metaplanet issued $ 50 million in zero interest bonds last week, in the last signal of the aggressive Bitcoin accumulation of the company this year.

In 2025 only, the company added 7,126 BTC to his reservations after announcing the start of his accumulation of Bitcoin in April of last year.

The company’s CEO, Simon Gerovich, said on X that the Year’s return to the company’s appointment for his Bitcoin Holdings reached 225.4%.

He also said that the company’s average purchase price for its acquisitions amounts to around $ 93,354 after the last purchase was made at an average price of $ 107,771 per Bitcoin.

Metaplanet acquired 1088 BTC for around $ 117.3 million at ~ $ 107,771 per Bitcoin and reached BTC yield of 225.4% YTD 2025. At 6/2/2025, we hold 8888 $ BTC Acquired for ~ 829.7 million dollars at around $ 93,354 per bitcoin. $ MTPLF pic.twitter.com/fyjihioizl

– Simon Gerovich (@gerovich) June 2, 2025

The number of BTC Metaplanet is now symbolic because the number 8 is considered a lucky number in Chinese and Japanese cultures.

Gerovich said in an X job Today that the symbolism of the current assets of the company signals a “new chapter” of “abundance” for Metaplanet.

Metaplanet Stock departs after the last purchase of BTC

Investors reacted positively to the latest Metaplanet Bitcoin purchase announcement, the share of the Société enfur by almost 10% today, data from Google Finance Watch.

TThe company’s share price has increased by around 227% so far this year and 1,788% in the past year.

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