Key Takeaways
- Metaplanet purchased 156 more Bitcoin for $13.4 million.
- The firm is considering listing outside Japan, including the U.S.
- Metaplanet's stock has surged 1,800% on the Tokyo Exchange.
Metaplanet purchased 156 Bitcoin on March 3 for approximately $13.4 million, at an average price of $85,890 per BTC, according to a company statement.
This latest acquisition raises its total Bitcoin investment to $196.3 million, with an average purchase price of $82,100 per Bitcoin.
Since launching its Bitcoin investment strategy in April 2023, the firm has seen a 13% gain on its holdings.
CEO’s engagement with U.S. exchanges
CEO Simon Gerovich recently met with officials at the New York Stock Exchange and Nasdaq to introduce Metaplanet’s operations.
Gerovich stated in a March 3 post on X:
We are considering the best way to make Metaplanet shares more accessible to investors around the world.
However, the company has not yet confirmed plans for a U.S. listing.
先週はニューヨークで非常に実りの多い時間を過ごしました。メタプラネットは、ビットコイン・スタンダードを基盤にした未来の企業として、日々着実に成長を続けています。
— Simon Gerovich (@gerovich) March 2, 2025
先週の主なハイライトは以下のとおりです：
✅… pic.twitter.com/OrnK6RRk5R
Trading performance & market position
Metaplanet’s shares (MTPLF) have been trading on OTC Markets since November, allowing greater access for international investors.
Since its listing, MTPLF shares have surged 530%, from $3 to $18.9.
Additionally, the firm has been among the top-performing stocks on the Tokyo Stock Exchange over the past year, rising 1,800%, per Google Finance data.
Long-term strategy
The company is currently the 14th largest corporate Bitcoin holder and aims to accumulate 21,000 BTC by 2026 as part of its long-term strategy.
