Overview

Metaplanet has now accumulated 2,100 bitcoin (BTC), representing 0.01% of the total Bitcoin supply, which is capped at 21 million BTC. The firm recently purchased 68.59 BTC for $6.6 million at an average price of $96,335 per bitcoin.

Key Highlights

• Shares of Metaplanet have risen by 1% following the purchase.
• Dylan Le Clair indicates that Metaplanet managed to raise $20 million in equity capital within the first two trading days of its ambitious “21 million plan”.
• On February 18, Metaplanet also announced a 10-1 stock split scheduled for April 1, shortly after having performed a reverse split.

Metaplanet shares are currently trading up over 1% at 6,260 JPY.