Mr. Etienne Moshevich reports
PLANET VENTURES INCREASES BITCOIN TREASURY HOLDINGS TO 19.71 BTC AND REPORTS satoshIS PER SHARE
Planet Ventures Inc. has completed an additional purchase of
3.01885741 bitcoin
for an aggregate purchase price of
$500,000, using a portion of its existing cash reserves.
Below is a summary of Planet's bitcoin purchases since it first announced its bitcoin treasury strategy on June 26,
2025:
-
June 26
-- purchase of 3.40669032 bitcoin for $500,000 -- average price per bitcoin in $146,770.018 ($106,857.13 (U.S.));
-
June 30 -- purchase of 3.37939441 bitcoin for $500,000 -- average price per bitcoin in $147,955.50 ($108,180.51 (U.S.));
- July 3
-- purchase of 3.3447069 bitcoin for $500,000 -- average price per bitcoin in $149,489.93 ($109,649.96 (U.S.));
-
July 8
-- purchase of 3.34756693 bitcoin for $500,000 -- average price per bitcoin in $149,362.21($109,419.17 (U.S.));
-
July 10
-- purchase of 3.21466228 bitcoin for $500,000 -- average price per bitcoin in $155,537.33 ($113,640.52 (U.S.));
-
July 14
-- purchase of 3.01885741 bitcoin for $500,000 -- average price per bitcoin in $165,625.57 ($121,045.39 (U.S.)).
In total, the company now holds
19.71187825 bitcoin.
-
Total invested: $3-million ($2,193,470 (U.S.));
-
Average cost basis: $152,192.498 per BTC ($111,271.55 (U.S.));
-
Current market value (at $164,279.78): $3,244,776.61 ($2,361,817.60 (U.S.)).
As of July 14, 2025, at 9:55 a.m. PT, Planet held 19.71187825 bitcoin, equivalent to 1,971,187,825 satoshis (one bitcoin equals 100,000,000 satoshis -- as per Bitcoin Magazine).
With 206,195,672 common shares outstanding, this equates to approximately
9.563 satoshis per share.
On June 26,
Planet bought 3.40669032 bitcoin for $500,000 which would equate to
1.65 satoshis per share.
Since this purchase,
the company's satoshis per share has increased over 5.79 times or 479 per cent.
Planet's fully diluted shares outstanding has 206,195,672.
At the current BTC price, this represents an implied bitcoin value of approximately 1.57 cents per share.
In addition to its current bitcoin position, the company is actively working to liquidate approximately
$12-million
in marketable securities, with the intent to redeploy proceeds into further bitcoin purchases at opportune times. This strategy aligns Planet with other pioneering public companies focused on accumulating bitcoin as a core balance sheet asset.
"We believe bitcoin is the most secure and decentralized form of value the world has ever seen," said Etienne Moshevich, chief executive officer of Planet Ventures. "With over 19.7 bitcoin on our balance sheet, we are strategically positioning Planet to benefit from bitcoin's long-term adoption curve. Our current market capitalization does not reflect the strength of our digital asset holdings, and we see tremendous upside potential as investor awareness grows. We also believe that Planet is uniquely positioned to take advantage of this opportunity as we do not have to raise any additional capital to acquire more and more bitcoin as we will use our current cash reserves. We look forward to building Planet into one of the premier bitcoin treasury companies on the market."
About Planet Ventures Inc.
Planet Ventures is an investment issuer that focuses on investing in growth companies and sectors such as tech, digital assets and more. The company aims to generate long-term value for its shareholders by identifying high-potential early stage opportunities and being opportunistic with its capital deployment.
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