Metaplanet’s Bitcoin Bonanza: 790 More Coins and Counting! 💰🚀

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Oh, gather ’round, dear readers, for a tale of a most peculiar investment firm from the land of the rising sun! Metaplanet, a name that sounds like a spaceship, has just gobbled up an extra 780 Bitcoin, making it the only non-US company to waltz into the top 10 Bitcoin holders. How delightful! 🎉

In a rather grand announcement on a Monday (because who doesn’t love a bit of Monday madness?), they revealed their latest Bitcoin binge. With this shiny new haul, Metaplanet now boasts a whopping 17,132 BTC! And guess what? They paid an average of 17,520,454 Japanese yen per coin, which is about $118,145. That’s a total of around $92 million! Just a pocket change, really! 💾

Now, hold onto your hats, because Metaplanet has splurged a staggering $1.7 billion on Bitcoin, with an average cost of about $99,640 per coin. That’s more zeros than a cat has lives! đŸ±

As we speak, Bitcoin is prancing around at $118,171, just a smidge above Metaplanet’s latest shopping spree price. And in the last 24 hours, it’s even had a little jiggle upwards by 0.75%. How exciting! 📈

But wait, there’s more! Rumor has it that Metaplanet plans to use its Bitcoin treasure to snatch up cash-generating businesses, perhaps even a digital bank in Japan. Because why not? Who wouldn’t want a bank that’s as digital as a wizard’s wand? đŸȘ„

Metaplanet: The Non-US Bitcoin Titan!

With this latest Bitcoin bonanza, Metaplanet has solidified its status as the top non-US Bitcoin treasury. According to the wise sages at BitcoinTreasuries.NET, they’re the only non-US player in the top 10. Quite the feather in their cap! đŸŽ©

Now, let’s put things into perspective. Metaplanet is the seventh-largest Bitcoin treasury in the world, trailing behind the Trump Media & Technology Group (the folks behind Truth Social) with their 18,430 BTC, and just ahead of Michael Novogratz’s Galaxy Digital Holdings with 12,830 BTC. But alas, Metaplanet’s 17,132 BTC is but a tiny morsel compared to the colossal Strategy (formerly MicroStrategy) with a jaw-dropping 607,770 BTC worth over $72 billion. Talk about a big fish in a small pond! 🐟

The Marvelous Metaplanet Success Saga

Metaplanet’s audacious Bitcoin escapade has coincided with a meteoric rise in its stock price. Their shares have skyrocketed by 517% over the past year and a staggering 246% year-to-date. As of Monday, the stock was trading at $8.36, up 5% on the day. Who needs a magic carpet when you have stocks like these? đŸ§žâ€â™‚ïž

In a recent tĂȘte-Ă -tĂȘte with Forbes Japan, Simon Gerovich, the big cheese at Metaplanet, confessed he didn’t expect such a whirlwind of growth. “In just a year, we became the country’s top-performing stock, with record trading volume and a „1 trillion market cap,” he exclaimed, probably while doing a little jig! 💃

Gerovich also made it clear that they’re not just copying Strategy; oh no! They’re crafting a “Japan-native model” that’s as unique as a snowflake, tailored to local regulations, taxation, and capital markets. And they’re offering Bitcoin exposure that’s compliant with the nation’s tax-free savings accounts. How very considerate of them! 🎈

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2025-07-28 14:01