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Planet Ventures Buys More Bitcoin, Increases Bitcoin Treasury Holdings to 25.8 BTC and Reports 12.53 Satoshis per Share
(TheNewswire) Company continues to accumulate Bitcoin using existing cash reserves; S...
About this update from Planet Ventures Inc
[{"type":"text","content":"Planet Ventures Buys More Bitcoin, Increases Bitcoin Treasury Holdings to 25.8 BTC and Reports 12.53 Satoshis per Share\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Company continues to accumulate Bitcoin using existing cash\nreserves; Satoshis per share up over 670% since June\npurchase.\n \n\n\n\n\n\n\n Vancouver, BC –\n \n\n TheNewswire -\n \n\n July 18, 2025 – Planet Ventures Inc.\n(CSE: PXI; OTC: PNXPF; Frankfurt: P6U1) (\"Planet Ventures\"\nor the \"Company\"),\n \n\n an investment\nissuer focused on acquiring Bitcoin, is pleased to announce that it\nhas acquired an additional 3.01639123 Bitcoin for a total purchase\nprice of CAD $500,000, funded from its existing cash reserves. This\nlatest investment reflects the Company’s continued conviction in\nBitcoin as a long-term store of value amid growing institutional\nadoption and increasing global interest in decentralized digital\nassets.\n \n\n\n\n In total, the Company now holds\n \n\n 25.82935469 Bitcoin\n \n\n .\n \n\n\n\n As of July 17, 2025, at 11:17am PST, Planet held\n25.82935469 Bitcoin, equivalent to 2,582,935,469 Satoshis (1 Bitcoin =\n100,000,000 Satoshis – as per Bitcoin Magazine -\n \n\n\n https://bitcoinmagazine.com/satoshi-to-usd-calculator#:~:text=A%20satoshi%20(sat)%20is%20the,1%20BTC%20%3D%20100%2C000%2C000%20satoshis\n \n\n\n )\n \n\n\n\n With 206,195,672 common shares outstanding, this\nequates to approximately\n \n\n 12.53\n \n\n Satoshis per\nshare.\n \n\n\n\n For comparison,\n \n\n On June 26\n \n\n th\n \n\n ,\n \n\n Planet bought 3.40669032 Bitcoin for CAD$500,000 which would\nequate to\n \n\n 1.65 Satoshis per\nshare.\n \n\n Since this purchase,\n \n\n the Company’s Satoshis per share has\nincreased over 7.59X or 670%.\n \n\n\n\n\n\n\n Average purchase price\nper BTC for this transaction\n \n\n\n in CAD\n$165,760.99 or approximately USD $120,528.47\n \n\n\n\n\n\n\n Total cumulative\ninvestment to date\n \n\n\n in CAD $4,000,000 or\napproximately USD $2,908,509.21\n \n\n\n\n\n\n\n Average cost\nbasis\n \n\n\n per Bitcoin for total holdings in\nCAD $154,862.56 or approximately USD $112,603.66\n \n\n\n\n\n\n Planet’s fully diluted shares outstanding has\n206,195,672.\n \n\n\n\n About Planet Ventures Inc.\n \n\n\n\n\n Planet Ventures Inc. (CSE: PXI; OTC:PNXPF; Frankfurt: P6U1...