Metaplanet Acquires 2,100 Bitcoin and Announces Stock Split
- Metaplanet has accumulated 2,100 BTC, representing 0.01% of the total 21 million BTC supply.
- The company purchased an additional 68.59 BTC for $6.6 million at an average price of $96,335 per bitcoin.
- Metaplanet raised $20 million in equity capital within the first two days of its “21 million plan”.
- A 10-1 stock split is scheduled for April 1, following a reverse split eight months prior.
- Current market trading shows Metaplanet shares up over 1%, priced at 6,260 JPY.
Metaplanet’s recent purchase of 68.59 BTC for $6.6 million contributes to its total holding of 2,100 BTC, marking a significant investment in cryptocurrency.
Source (2.6)https://www.coindesk.com/markets/2025/02/20/metaplanet-now-holds-2-100-bitcoin-purchases-a-further-68-btc?rand=52298
