Key Takeaways
- Metaplanet acquired 1,004 BTC for $104.3 million at an average price of $103,873.
- The firm now holds 7,800 BTC, worth about $806 million.
- Metaplanet is Asia's largest public bitcoin holder and 11th worldwide.
Japanese investment firm Metaplanet has added 1,004 more bitcoin to its balance sheet, spending roughly $104.3 million at an average price of $103,873 per BTC.
Total holdings & valuation
The purchase brings Metaplanet’s total holdings to 7,800 BTC, valued at about $806 million based on current market prices.
According to CEO Simon Gerovich, the company has spent approximately $712.5 million in total on its bitcoin accumulation, averaging $91,343 per coin.
Long-term strategy & market context
Metaplanet began buying bitcoin in April 2024 as part of a long-term treasury strategy and has continued steadily toward its goal of owning 10,000 BTC by the end of 2025.
The latest acquisition comes as Bitcoin trades near its all-time high, priced at $103,343 at the time of writing.
Funding through bonds
To fund its purchases, the Tokyo-listed firm has issued multiple bonds, including a recent $15 million offering—its 15th sale of ordinary bonds.
Market position & stock performance
Metaplanet is currently Asia’s largest publicly listed corporate holder of bitcoin and ranks 11th globally, according to Bitcointreasuries.net.
U.S.-based MicroStrategy remains the top corporate holder with 568,840 BTC.
Following the announcement, Metaplanet’s stock rose 12.2% on Monday in Japan, with trading still in progress.
