Metaplanet Hits Lucky 8,888 BTC Milestone After New $117.5M Buy, Stock Jumps 10%
Metaplanet has reached a symbolic milestone in its aggressive Bitcoin buying strategy, pushing its holdings to 8,888 BTC after announcing a fresh $117.5 million purchase. In an X post earlier today, the company said it bought another 1,088 BTC, bringing its total holdings to 8,888, a number considered lucky in both Chinese and Japanese cultures due to its association with prosperity. The company’s stock surged almost 10% in Asia trading hours as t he latest BTC buy pushed Metaplanet closer to its 2025 year-end goal of holding 10K Bitcoin. Metaplanet Ramps Up Bitcoin Accumulation Strategy In 2025 The most recent purchase comes after Metaplanet issued $50 million in zero-interest bonds last week, in what was the latest signal of the firm’s aggressive Bitcoin accumulation this year. In 2025 alone, the company has added 7,126 BTC to its reserves after announcing the start of its Bitcoin accumulation in April last year. The company’s CEO, Simon Gerovich, said on X t...