Tokyo's Metaplanet Goes All-In on Bitcoin: Snags Another 1,234 BTC!

Metaplanet's Bitcoin Blitz: From Hotels to Crypto Giants

Holy crypto rush, Batman! Tokyo's own Metaplanet Inc. isn't playing around anymore. They've just turbocharged their Bitcoin stash with a whopping 1,234 more BTC, valued at a cool $133 million. That's right, they're now sitting on a treasure trove of 12,345 BTC!

And guess what? This bombshell dropped on June 26, hot on the heels of their jaw-dropping announcement about issuing 54 million new shares. They teamed up with the big shots at EVO FUND to pull off this $515 million heist, all to beef up their Bitcoin war chest. This move isn't just big, it's the biggest single-day equity raise for Bitcoin ever by a public company!

*Metaplanet Acquires Additional 1,234 $BTC, Total Holdings Reach 12,345 BTC* pic.twitter.com/ppeGIrfVfe

From running hotels to chasing crypto dreams, Metaplanet flipped the script in 2024, channeling their inner Michael Saylor. And they're not stopping there. They've got their sights set on 30,000 BTC by the end of 2025, 100,000 by 2026, and a mind-blowing 210,000 BTC by 2027. That's 1% of all the Bitcoin out there, folks!

To fuel this wild ride, Metaplanet's also pumping up to $5 billion into their U.S. arm, Metaplanet Treasury Corp. This cash injection is all about powering their next Bitcoin buying spree, including a slick "555 Million Plan" that's all about those sweet, sweet BTC purchases.

Since they started this crypto crusade, Metaplanet's rocketed up the charts, now rubbing shoulders with the top corporate Bitcoin holders worldwide. They've zoomed past heavyweights like Coinbase and Tesla, landing the fifth spot according to the Bitcoin Treasuries by Bitbo.

The market's loving it too. Metaplanet's stock has skyrocketed over 300% this year. Meanwhile, Bitcoin's hanging out just over $107,800, up 1.3% in the last 24 hours. Buckle up, crypto fans, Metaplanet's just getting started!