Metaplanet Adds $15M in Bitcoin, Holdings Surpass 20,000 BTC

  • Metaplanet purchased 136 BTC for $15.2 million, increasing its total holdings to 20,136 BTC.
  • The Japanese firm now ranks as the sixth-largest public corporate holder of bitcoin globally.
  • Metaplanet stock remains up 101% year-to-date despite recent declines following the purchase announcement.
Metaplanet Adds $15M in Bitcoin, Holdings Surpass 20,000 BTC
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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.

Original Article