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Metaplanet Now Holds 2,100 Bitcoin, Purchases 68 More BTC

Metaplanet reaches a milestone of 0.01% of the total bitcoin supply.

By James Van Straten|Edited by Parikshit Mishra
Feb 20, 2025, 3:53 a.m.
FastNews (CoinDesk)
FastNews (CoinDesk)

What to know:

  • The Tokyo-listed firm bought 68.59 BTC at an average purchase price of $96,335 per bitcoin.
  • Shares of the bitcoin HODLer are up 1%.

Metaplanet (3350) has now accumulated 2,100 bitcoin BTC$67,633.13, now holding 0.01% of the total BTC supply that will ever be mined, which is 21 million BTC. Metaplanet purchased 68.59 BTC for $6.6 million at an average purchase price of $96,335 per bitcoin.

According to Dylan Le Clair, Metaplanet has raised $20 million in equity capital in the first two trading days of its "21 million plan". Metaplanet also announced on Feb. 18 that they will execute a 10-1 stock split on April 1. This comes just eight months after a reverse a 1-for-10 reverse split.

STORY CONTINUES BELOW
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Metaplanet shares are up over 1% in the current market trading; shares are trading at 6,260 JPY.

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