Investment firm Metaplanet has purchased an additional $126 million in Bitcoin, further increasing its Bitcoin holdings, according to The Block on the 24th (local time).
On the same day, Metaplanet announced that it had purchased an additional 150 Bitcoins at a purchase price of approximately $83,801 each. This brings the company's total Bitcoin holdings to 1,000,000.
Metaplanet CEO Simon Gerovich said the company has invested $1.2 billion to buy Bitcoin so far.
The amount acquired was approximately 278.8 million dollars, which is equivalent to approximately 291.3 million dollars (approximately 43.9 billion yen) in the current market value.
The additional purchase was made on the 21st of last month by Donald Trump.
The move comes shortly after Eric Trump, the second son of former President Donald Trump, joined the company's strategic advisory board.
Gerovich said Eric Trump's business expertise and passion for Bitcoin made him a standout choice for the company.
He said that he will contribute to building the world's leading Bitcoin financial company, which is Meta Planet's goal. Since announcing its Bitcoin adoption strategy in April 2024, Meta Planet has been steadily increasing its Bitcoin
The company has been purchasing Bitcoin and aims to hold 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.
According to Bitcoin Treasures, Meta Planet is currently the world's largest cryptocurrency.
It holds the 10th largest amount of Bitcoin among publicly traded companies and is the largest Bitcoin holder in Asia.
Saylor's Strategy remains in first place with nearly 500,000 BTC.
2025/03/25 17:38 KST
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