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Metaplanet Stock Rises 24% After Achieving 10,000 Bitcoin Milestone
Metaplanet experienced a 24% surge on the Tokyo Stock Exchange after acquiring 1,112 BTC, bringing its total holdings to 10,000 BTC within the first half of 2025.
Key Highlights
- Metaplanet's Bitcoin acquisition plan revised to target 210,000 BTC by the end of 2027.
- Raised $5.4 billion for investments and issued $210 million in 0% ordinary bonds for additional Bitcoin purchases.
- Latest Bitcoin purchase cost $117.2 million at an average price of $105,435 per BTC.
- Total investment in Bitcoin stands at $947 million with an average cost of $94,697 per BTC.
- Year-to-date return on Bitcoin investments is 266.1% in 2025.
- Metaplanet stock (MTPLF) trading at 1,896 JPY, reflecting a 425% year-to-date gain and 2,000% one-year return.
- Analysts predict MTPLF could rise to $63 per share if the "555 Million Plan" is completed within 60 trading days.
- "555 Million Plan" aims to increase total Bitcoin holdings to 30,000 BTC by the end of 2025.
Bitcoin price currently at $106,500, maintaining support above $105,000 amidst geopolitical tensions.