TechFlow news, on February 10, according to CoinDesk, Japanese listed company Metaplanet released its fiscal year 2024 earnings report, revealing unrealized gains of $35 million (approximately 5.46 billion yen) from its Bitcoin holdings. As of the end of 2024, the company held a total of 1,761 BTC, with an aggregate purchase cost of $137 million. Metaplanet plans to hold 10,000 BTC by the end of 2025 and increase its holdings to 21,000 BTC by the end of 2026. The company is expanding its Bitcoin holdings through methods including issuing secured bonds, convertible bonds, equity financing, and operating cash flows. Additionally, Metaplanet's number of shareholders grew by 500% in 2024 to reach 50,000, while its stock price rose 8% on Monday, accumulating a 64% gain year-to-date.
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