Japan -based metaplanet has expanded its Bitcoin handles, which bought 696 BTC for 10.152 billion yen ($ 67 million), the company announced in a post on April 1 at X.
The Investment Pushed the total Bitcoin of the metaplanet to 4,046 BTC, which costs more than $ 341 million at the time of writing.
Source: Metaplanet
Stock Split Target The investor access
Acquisition comes shortly Metaplanet has released 2 billion Japanese Yen ($ 13.3 million) of bonds to buy more BTC, Cointelegraph reported on March 31.
Source: Simon Gerovich
The move will also come shortly after the 10-to-1 reverse split of metaplanet. The company had previously warned a February filing. 18 that its sharing price has increased significantly, creating a high hindrance to entry for retail investors.
“We have implemented a reverse stock split that combines 10 shares to 1. Since then, our stock price has increased significantly, and the minimum amount required to buy our market shares has now exceeds 500,000 yen, creating a huge financial burden for investors,” according to one PEB. 18, Notice.
Stock Split announcement. Source: Metaplanet
The stock split aims to reduce the price per unit of trading to improve liquidity and expand the company’s investor base.
Metaplanet Stock Split History. Source: Investment.com
The 10-to-1 stock split was completed on March 28th, According to at investing.com.
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The metaplanet, often referred to as the “Asian microstrategy,” aims to accumulate 21,000 BTC by 2026 as part of its approach to rule out Bitcoin adoption in Japan. With 4,046 BTC in its treasury, it is currently ranked as the ninth largest corporate Bitcoin holder in the world, According to In the Bitbo Data.
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The approach is also buying bitcoin dip
The purchase of metaplanet arrives at a time of purchase of institutional seizure, along with Michael Saylor’s approach that expresses the latest acquisition on March 31. Strategy purchased 22,048 Bitcoin for $ 1.92 billion at an average price of $ 86,969 per Bitcoin in the latest weekly BTC haul.
The company now holds more than 528,000 Bitcoin acquired for $ 35.63 billion at an average price of $ 67,458 per BTC, Saylor said on a March 31 x x Post.
Source: Michael Saylor
Institutions show trust in Bitcoin despite uncertainty in the global market around US President Donald Trump’s taping Announcement, which can create significant volatility in both the crypto and traditional markets.
“The appetite remains in the midst of tariff threats from President Trump and MacRO’s ongoing uncertainty,” Nexo dispatch analyst Iliya Kalchev told Cointelegraph.
April 2’s announcement is expected to detail target tariffs targeting the leading US trading partners, a development that can increase inflation-related concerns and limit demand for risk assets such as Bitcoin.
https://www.youtube.com/watch?v=ESB74SYK828
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