Planet Ventures Inc. expands its Bitcoin holdings to 28.89 BTC and plans to raise CAD 5 million through convertible bonds to further enhance its portfolio amid increasing market interest.
Planet Ventures Inc. recently acquired 3.06 Bitcoin for 500,000 CAD, bringing its total holdings to 28.89 BTC as of July 22, 2025. The company's per-share Bitcoin holding surged to 14.01 satoshis, reflecting over a 750% increase since June 26. With a cumulative investment of 4.5 million CAD in Bitcoin at an average cost of 155,800 CAD per coin, the company plans to raise up to 5 million CAD through convertible bonds for further Bitcoin purchases.