🚨 Metaplanet Nears 500% YTD Following New Bitcoin Purchase

🟠 Metaplanet has made another bold move in its Bitcoin strategy:

✔️ Acquired 136 BTC for $15.2M, bringing total holdings to 20,136 BTC (≈ $2.057B invested)

✔️ Latest tranche average price: $111,000 per BTC

✔️ BTC yield performance now closing in on 500% YTD

📢 This comes just a week after purchasing 1,009 BTC for $112M, pushing the firm over the 20K BTC milestone.

🚀 To fuel this aggressive strategy, shareholders approved issuing up to 550M new shares overseas (≈ $884M), reinforcing Metaplanet’s commitment to long-term Bitcoin accumulation and shareholder value.

💡 Question for you: Is Metaplanet setting the blueprint for corporate Bitcoin adoption, or is this an overexposure risk?

#Bitcoin #Crypto #CorporateStrategy #Metaplanet #DigitalAssets

https://coingape.com/metaplanet-nears-500-ytd-following-new-btc-purchase-bitcoin-price-rebounds/?utm_source=linkedin&utm_medium=coingape