Metaplanet Bitcoin Holdings Surge After Buying 2,205 BTC

CN
12 hours ago

Metaplanet Bitcoin Holdings Surge as Simon Echoes Saylor’s Path

In a surprise move that's grabbing the attention of the crypto community, Japanese company Metaplanet has acquired yet another 2,205 BTC , increasing its holdings to an enormous 15,555. The recent acquisition placed the company as the fifth-largest corporate holder of BTC in the world, indicating a serious investment in the digital currency universe.

The expansion of Metaplanet Bitcoin Holdings is indicating that the company believes in the serious value of crypto as a long-term investment.

Source: Simon Gerovich X Handle

It became the largest equity raise ever made dedicated to BTC in Asia. $5.4 Billion to buy this crypto. BTC yield of +189%. 555 million shares through moving strike warrants.

A Mission to Own 1% of All BTC

The company isn’t just buying crypto without a plan. The company has a clear goal: to own

  • 100,000 by the end of 2026.

  • 210,000 by the end of 2027.

If this happens, Metaplanet Bitcoin Holdings would represent about 1% of all the BTC that will ever exist, a major milestone and a bold statement in the digital asset world.

CEO Simon Gerovich shared this mission openly. In a recent message to shareholders, he said, “We are honored to be on this journey with you. The organisation is going ahead into the future, backed by BTC.” The company’s long-term vision is clear, and it is not slowing down.

Is Simon Following the Saylor’s Footsteps?

The company’s strong crypto strategy has drawn comparisons to MicroStrategy’s Michael Saylor, who’s well known for leading a similar charge. In a recent tweet, Saylor posted, If you are going to fight, fight for Bitcoin ,” along with an animated image showing both himself and Simon Gerovich standing side by side like warriors.


Source: Simon Gerovich X Handle

Simon responded by reposting it. This moment sparked discussion online, with many wondering if Simon is following Michael Saylor’s path . The rising Metaplanet Bitcoin Holdings may prove that he is.

Metaplanet Stock Surged with Continuous BTC Buy

The company started buying BTC on June 3, 2024 and has experienced a huge climb in the Stock price, around 1,838% from the last year.

Source: Google Finance

Bitcoin Buying Spree Backed by Bonds

To fund its frequent purchases, the organisation has taken a unique path, issuing bonds to build its holdings. They made the latest purchase on 30th June adding 1003 currencies at the rate of $107,601 per coin.

The latest round raised JPY 30 billion (around $208 million USD) through its 19th series of ordinary bonds. These bonds, which offer no coupon and are unsecured, were fully subscribed by EVO FUND.

A small portion, JPY 1.75 billion will repay older bonds, but the rest will go toward expanding the Metaplanet Bitcoin Holdings.

What This Means for Bitcoin?

Major companies now see digital assets as more than just a trend, they view them as smart long-term plays. The larger the Metaplanet Bitcoin Holdings becomes, the more it shows that trust in digital value is rising. The currency is now trading at $108,866 with an increase of 0.62% within the last 24 hours. The trading volume has increased by 30%.

Source: CoinMarketCap

Final Thoughts

With Simon Gerovich leading the charge and forming a symbolic bond with Michael Saylor, the fight for crypto’s future is heating up and Metaplanet Bitcoin Holdings is right at the center of it.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

注册币安返10%送$600,超2亿人的选择
链接:https://accounts.suitechsui.blue/zh-CN/register?ref=FRV6ZPAF&return_to=aHR0cHM6Ly93d3cuc3VpdGVjaHN1aS5hY2FkZW15L3poLUNOL2pvaW4_cmVmPUZSVjZaUEFG
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink