Metaplanet Buys More Bitcoin – Now Holds 5,555 Coins!

A company from Japan called Metaplanet is buying a lot of Bitcoin. On May 7, the company’s boss, Simon Gerovich, shared that they just bought 555 more Bitcoins. This brings their total to 5,555 Bitcoins. That’s a lot! Right now, all those coins are worth around $481 million.

What’s Metaplanet’s Big Goal?

Metaplanet wants to own 10,000 Bitcoins by the end of 2026. They’re already halfway there. If they keep buying more at this speed, they might even reach their goal early.

How Did They Pay for the New Coins?

To buy more Bitcoin, Metaplanet raised $25 million by asking people to lend them money. Here’s the cool part: the people who lent the money won’t get any interest. That means Metaplanet doesn’t have to pay them extra — just return the money later.

They plan to pay it back using money they earn from selling special stock in the company.

Growing Big – New Office in the U.S.

Metaplanet is not only buying more Bitcoin — they are also growing their business around the world. They just opened a new office in Miami, which is in the United States. This means they are getting more serious about crypto on a global level.

What Happened to Bitcoin After the News?

After Metaplanet shared this news, the price of Bitcoin went up a little. Right now, Bitcoin is worth around $97,000. A lot more people also started trading it — over $33 billion worth of Bitcoin was traded in just one day!

Metaplanet is becoming one of the top companies that believe in Bitcoin. While other companies are still trying to figure out what to do with digital money, Metaplanet is moving fast.

They have a plan. They have a goal. And they’re doing everything they can to become a big name in the world of Bitcoin.