Metaplanet Buys $451 Million Worth Of Bitcoin In Q4 As It Races Toward Its 210,000 BTC Target
Metaplanet Buys $451 Million Worth Of Bitcoin In Q4 As It Races Toward Its 210,000 BTC Target
Metaplanet Buys $451 Million Worth Of Bitcoin In Q4 As It Races Toward Its 210,000 BTC Target
Metaplanet Buys $451 Million Worth Of Bitcoin In Q4 As It Races Toward Its 210,000 BTC Target
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tldr; Metaplanet, Japan’s largest corporate Bitcoin holder, purchased 4,279 BTC worth $451.06 million in Q4, aiming for 210,000 BTC by 2027. The Tokyo-listed firm, dubbed ‘Asia’s MicroStrategy,’ shifted from its hotel and tech business to Bitcoin investments in 2024. With total holdings of 35,102 BTC, Metaplanet has surpassed its 2025 target of 30,000 BTC and is progressing toward its 2026 goal of 100,000 BTC. The company also launched a Bitcoin Income Generation business to generate $55 million in annual revenue.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Someone explain to me what’s the point of all those company with the only goal of buying btc
Make it make sense bc it does not to me.
they’ll reach Strategy at this rate
Metaplanet is clearly doubling down on Bitcoin, big moves like this show strong conviction in its long term value.
Bitcoin has no real adoption. Just 10 companies that were failing in their own branch trowing a hail mary.