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Planet Ventures Buys More Bitcoin, Increases Bitcoin Treasury Holdings to 28.8 BTC and Reports 14.01 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 28.8 BTC and Reports 14.01 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 850% since June\npurchase.\n \n\n\n\n\n\n\n Vancouver, BC –\n \n\n TheNewswire – July\n \n\n 22, 2025 – Planet Ventures Inc. (CSE:\nPXI; OTC: PNXPF; Frankfurt: P6U1) (\"Planet Ventures\" or the\n\"Company\"),\n \n\n an investment issuer\nfocused on acquiring Bitcoin, is pleased to announce that it has\nacquired an additional 3.05677984 Bitcoin for a total purchase price\nof CAD $500,000, funded from its existing cash reserves.\n \n\n\n\n In total, the Company now holds\n \n\n 28.88613453 Bitcoin\n \n\n .\n \n\n\n\n As of July 22, 2025, at 8:06am PST, Planet held\n28.88613453 Bitcoin, equivalent to 2,888,613,453 Satoshis (1 Bitcoin =\n100,000,000 Satoshis – as per Bitcoin Magazine -\n \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\n With 206,195,672 common shares outstanding, this\nequates to approximately\n \n\n 14.01\nSatoshis per share.\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 8.49X or 750%.\n \n\n\n\n\n\n\n Average purchase price\nper BTC for this transaction\n \n\n\n in CAD\n$163,570.82 or approximately USD $119,977.56\n \n\n\n\n\n\n\n Total cumulative\ninvestment to date\n \n\n\n in CAD $4,500,000 or\napproximately USD $3,300,705.00\n \n\n\n\n\n\n\n Average cost\nbasis\n \n\n\n per Bitcoin for total holdings in\nCAD $155,784.08 or approximately USD $114,273.08\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) is an\ninvestment issuer focused on acquiring Bitcoin and generating\nlong-term shareholder value.\n \n\n\n\n For further information, please\ncontact:\n \n\n\n Etienne Moshevich, CEO\n \n Tel: (604) 681-0084\n \n ...