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James Van Straten James Van Straten

Metaplanet Now Holds 2,100 BTC, Purchases a Further 68 BTC

Metaplanet (3350) has now accumulated 2,100 bitcoin (BTC), now holding 0.01% of the total BTC supply that will ever be mined, which is 21 million BTC. Metaplanet purchased 68.59 BTC for $6.6 million at an average purchase price of $96,335 per bitcoin.

According to Dylan Le Clair, Metaplanet has raised $20 million in equity capital in the first two trading days of its “21 million plan”. Metaplanet also announced on Feb. 18 that they will execute a 10-1 stock split on April 1. This comes just eight months after a reverse a 1-for-10 reverse split.

Metaplanet shares are up over 1% in the current market trading; shares are trading at 6,260 JPY.



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James Van Straten

https://www.coindesk.com/markets/2025/02/20/metaplanet-now-holds-2-100-bitcoin-purchases-a-further-68-btc

2025-02-20 03:53:07

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