After today's purchase of 1,241 bitcoins, Metaplanet's bitcoin holdings have surpassed those of El Salvador
ChainCatcher news, Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated on social media that after increasing their holdings by 1,241 bitcoins today, Metaplanet's total bitcoin holdings have risen to 6,796 coins, surpassing El Salvador's holdings (which hold 6,714 bitcoins).It is reported that the CEO of Metaplanet previously served as the head of Goldman Sachs' equity derivatives division. Since 2013, he has operated Metaplanet (formerly Red Planet Japan Inc.) as a hotel developer. However, the pandemic led to an economic slowdown, forcing the company to close most of its hotels, leaving only one operational. When the market value once fell to around 15 million dollars, UTXO Management invested in the company, leading it to adopt a bitcoin strategy. Since then, the number of shareholders in Metaplanet has grown to nearly 50,000, and its market value has soared to 2 billion dollars, becoming the best-performing stock among companies with a market value exceeding 250 million dollars globally in 2024. Recently, it announced the largest public equity financing in Asia's history, planning to raise 750 million dollars to purchase bitcoin.