
Japanese bitcoin treasury company Metaplanet has expanded its holdings with the purchase of 136 BTC for roughly $15.2 million, according to a company announcement on Monday.
Latest acquisition details
Metaplanet CEO Simon Gerovich revealed on X that the recent purchase was made at an average price of about $111,666 per bitcoin.
This brings the firm’s total bitcoin stash to 20,136 BTC, acquired at an average price of $103,196 per coin.
The company’s cumulative investment now stands at approximately $2.08 billion.
For up-to-date information on Metaplanet’s bitcoin holdings, see the Metaplanet bitcoin treasury tracker.
Metaplanet’s global ranking
According to industry data, Metaplanet is now the sixth-largest publicly traded corporate holder of bitcoin, trailing only Strategy, Mara, XXI, Bitcoin Standard Treasury Company, and Bullish.
Michael Saylor’s Strategy continues to lead the rankings with 636,505 BTC.
Market reaction and price context
Following the announcement, Metaplanet’s stock slipped 1.2% around midday in Japan, and its U.S.-traded shares closed down 1.6% at $4.86 on Friday.
Despite a 30% drop over the past month, the stock remains up 101% year-to-date.