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Cryptocurrency News Articles
Metaplanet Stacks Up 150 More Bitcoins, Investing Around $12.6 Million
Mar 24, 2025 at 12:05 pm
This bold move now brings its total holdings to 3,350 BTC as of March 24, 2025.
Metaplanet has upped its Bitcoin game by investing an additional $12.6 million in 150 BTC. This brings its total Bitcoin stash to a whopping 3,350 BTC.
The company purchased the bitcoin at an average price of around $83,801 per coin. Since the start of 2025, Metaplanet has been busy accumulating BTC, and this latest purchase pushes its BTC Yield for the year to 68.3%.
"We continue to be impressed by the strength and resilience of the Bitcoin network and believe that this latest investment will serve to further diversify and enhance our portfolio," said Gerovich.
"As we look ahead, we remain committed to achieving our goal of reaching 10,000 BTC by the end of 2025 and an incredible 21,000 BTC by the end of 2026. If successful, we’ll hold 1% of all Bitcoin ever created."
This latest move comes as Metaplanet is aiming to expand its Bitcoin treasury further. It recently appointed Eric Trump to its Strategic Board of Advisors.
Trump brings with him experience in real estate, finance, and brand development, which Gerovich says will be invaluable to Metaplanet as it continues to grow.
"We are honored to welcome Eric Trump to our Strategic Board of Advisors," said Gerovich.
"At Metaplanet, we are always looking for ways to improve and expand our operations, and we believe that Eric's expertise will be a valuable asset to our team."
Trump is also an ambassador for World Liberty Financial, a crypto project that he and his brothers, Donald Jr. and Barron Trump, launched earlier this year to promote the use of digital assets.
However, his new role at Metaplanet has raised concerns about potential conflicts of interest, given his ties to the Trump family and the Trump Organization.
As the U.S. government continues to develop regulations for the crypto industry, any involvement that Trump might have could be viewed favorably by the administration.
This latest move by Metaplanet signals its belief in Bitcoin as a long-term investment and its commitment to becoming one of the largest corporate Bitcoin holders in the world.
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