Metaplanet Accelerates Bitcoin Strategy with $108M Purchase, Now Fifth-Largest Corporate Holder
Metaplanet has significantly bolstered its Bitcoin treasury with the purchase of an additional 1,005 BTC, valued at approximately $108 million. The acquisition was made at an average price of $107,601 per coin, according to The Block.
This latest purchase increases the company’s total holdings to 13,350 BTC, now worth around $1.4 billion. With this move, Metaplanet has surpassed Galaxy Digital and CleanSpark, becoming the fifth-largest publicly listed corporate holder of Bitcoin.
CEO Simon Gerovich emphasized the rapid expansion, noting that Metaplanet has nearly quadrupled its Bitcoin reserves—from 3,350 BTC to 13,350 BTC—in just three months. This aggressive accumulation supports the company’s long-term objective to hold more than 210,000 BTC by the end of 2027.
Funding the Vision: New Bond Issuance and Strategic Buybacks
To support its Bitcoin-focused strategy, Metaplanet has issued zero-interest ordinary bonds totaling 30 billion yen (approximately $208 million), set for redemption on December 29, 2025. A portion of these funds will be used to buy back and cancel previously issued secured bonds, while the remainder will fuel additional Bitcoin purchases.
This capital maneuver reflects Metaplanet’s firm commitment to scaling its Bitcoin holdings despite market volatility. The company’s bond strategy not only finances current acquisitions but also fortifies its balance sheet for future growth.
Investor Sentiment Soars Amid Bitcoin-Focused Expansion
While MicroStrategy—under Michael Saylor—continues to lead with over 592,000 BTC, Metaplanet is rapidly gaining ground. Its strategic mix of aggressive accumulation, smart financing, and bullish market sentiment positions the company as a serious contender among the top corporate Bitcoin holders.
Previously Reported:
As previously covered, Metaplanet, Japan’s largest corporate Bitcoin holder, recently acquired an additional 1,234 BTC, bringing its total at the time to 12,345 BTC. The latest acquisition only solidifies its status and underscores its long-term commitment to digital asset accumulation.