Metaplanet Plans to Purchase 21,000 Bitcoins by 2026

Source
Uk Jin

Summary

  • Metaplanet announced plans to purchase a total of 21,000 Bitcoins by 2026.
  • This is part of a strategy to become the world's largest Bitcoin holding company.
  • At the current market price, 21,000 Bitcoins amount to approximately $2.16 billion.

Metaplanet, often referred to as Japan's MicroStrategy for incorporating Bitcoin (BTC) as a financial asset, has unveiled its plan to accumulate Bitcoin by 2026.

According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrency), Metaplanet announced through an official press release that it plans to purchase 10,000 Bitcoins by the end of 2025 and 21,000 Bitcoins by the end of 2026.

Metaplanet stated, "This strategy is to become the world's largest Bitcoin-holding company."

Meanwhile, as of today, Metaplanet is reported to hold assets exceeding $180 million. At the current market price, 21,000 Bitcoins amount to approximately $2.16 billion.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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