Metaplanet announced the purchase of 135 bitcoins for $185.8 million, which equated to an average price of $83,142 per BTC. With this purchase, the company's total bitcoin portfolio increased to 2,235 BTC, which are now valued at $199 million.
Over the past few months, Metaplanet has demonstrated impressive results in the cryptocurrency market. From July 1 to September 30, 2024, the return on their bitcoin investments was 41.7%, and from October 1 to December 31, 2024, this figure increased to 309.8%. In the first two months of 2025, the return continued to grow and amounted to 23.2%.
Additionally, from February 18 to 25, 2025, Metaplanet sold 27.7% of the rights to acquire shares of the 13th series, which brought the company $47.6 million. These funds will be used to further increase their bitcoin reserves. Metaplanet aims to reach 21,000 BTC by the end of 2026.
It is worth noting that the company previously also acquired 619.70 BTC for $60 million, taking advantage of a price drop to $95,000.