Metaplanet buys 1,234 more BTC—aims for 210K by 2027

12,345 Reasons Wh y M etaplanet Is Betting Big on Cryptocurrency

Source X

After purchasing 1,111 of digital currency earlier this year , this is the company's second significant acquisition. Despite the instability of the cryptocurrency market brought on by the Iran-Israel conflict, the company is still confident.

Metaplanet now holds more BTC than Tesla

Japan-based Company has overtaken Tesla in corporate Bitcoin reserves, now holding 12,345 (~$1.33B). The company plans to accumulate up to 30,000 by 2025 and 210,000 by 2027, 1% of total supply. Metaplanet's stock has increased 8,000%+ in two years, indicating a growing corporate crypto currency arms race. Tesla currently holds 11,970, while Metaplanet holds 12,345 BTC respectively.

Source https://www.bitcoinmagazinepro.com/charts/bitcoin-treasury-public-listed-companies

“Elon Musk will see you on Mars”, said Simon Gerovich, CEO of Metaplanet. Simon Gerovich tweet is creating chaos in users and investors. They admire Simon’s strategy and confidence that investing and buying crypto can boost organisation’s growth . This is not just a comment it signals how digital assets holding is growing the future of companies.

Source X

The Company is now stacking cryptocurrency faster than MicroStrategy. The Japanies Company has surpassed Tesla on the BTC leaderboard, demonstrating strength, speed, and endurance. Saylor wrote the playbook. But $MTPLF is flipping pages like their life depends on it. Cryptocurrency is no longer just a hedge. For forward-thinking companies, it’s the reserve asset! Companies are giving tough competition to each other.  Strategy is still at the top position with 592,345. Will Tesla also increase its crypto holding?

Company's Stock Performance as the Bitcoin Price Rises

Metaplanet's crypto treasury approach is generating extraordinary returns. The corporation has also expedited its BTC acquisitions as more public companies, such as GameStop and Semler Scientific, add Bitcoin to their corporate treasuries.

Source Yahoo finance

Metaplanet Inc (3350.T)'s stock price recovered today but fell when the company revealed its latest acquisition. The stock price declined 1% to 1,574 yen on Thursday. The 24 hour low and high were 1,503 and 1,616 yen, respectively. According to Yahoo Finance, the stock price has declined more than 12% in a month and is up about 370% year to date.

Source coinmarketcapital

The live Bitcoin price today is $107,854 USD with a 24-hour trading volume of $51,807,521,893 USD. It is up 1.36% in the last 24 hours with a live market cap of $2,144,540,845,860 USD.

Institutional Confidence in Bitcoin Keeps Growing

Michael Saylor's Strategy, Semler Scientific, and Metaplanet have collectively acquired over 13,000 Bitcoins in the past ten days, while Anthony Pompliano's ProCap has acquired 4,932 BTC in the last two days, solidifying BTC's role as a global hedge.

Blackrock bought 3,160 $BTC, Texas passed a law to hold digital assets as a strategic reserve, and GameStop raised $450M for Bitcoin reserves, raising its total to $2.7B via zero-interest convertible notes. These impressive moves demonstrate institutional confidence in Bitcoin's future as digital gold, with the trend expected to accelerate.