tldr; Japanese investment firm Metaplanet has added 518 BTC for $61.4 million, increasing its total Bitcoin holdings to 18,113 BTC, valued at $1.85 billion. The company aims to accumulate 210,000 BTC, or 1% of Bitcoin’s supply, by 2027 under its “555 Million Plan.” Metaplanet has aggressively expanded its holdings since adopting Bitcoin as a Treasury reserve asset in 2024, using unconventional financing tools like zero-interest convertible bonds and perpetual preferred stock issuances to fund acquisitions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
blaziken8x on
what is their total debt?
MichaelAischmann on
They have a buying plan until (at least) 2027. Good to know.
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tldr; Japanese investment firm Metaplanet has added 518 BTC for $61.4 million, increasing its total Bitcoin holdings to 18,113 BTC, valued at $1.85 billion. The company aims to accumulate 210,000 BTC, or 1% of Bitcoin’s supply, by 2027 under its “555 Million Plan.” Metaplanet has aggressively expanded its holdings since adopting Bitcoin as a Treasury reserve asset in 2024, using unconventional financing tools like zero-interest convertible bonds and perpetual preferred stock issuances to fund acquisitions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
what is their total debt?
They have a buying plan until (at least) 2027. Good to know.