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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.
Feb 20, 2025, 3:53 a.m.
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 , 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.
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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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