TL;DR
- Metaplanet has purchased 1,111 additional BTC for $117 million, bringing its total to 11,111 BTC, just 398 BTC behind Tesla.
- This acquisition is part of its 2025–2027 plan to reach 210,000 BTC.
- Despite market fluctuations and global instability, the firm’s quarter-to-date Bitcoin yield has soared to 107.9%, showcasing rising institutional confidence in Bitcoin as a reserve asset.
Japanese investment powerhouse Metaplanet is continuing its aggressive Bitcoin strategy with the acquisition of 1,111 BTC, pushing its total holdings to 11,111 BTC. The $117 million investment was made at an average price just below $105,500 per coin. With this move, Metaplanet stands only 398 BTC behind Tesla, further solidifying its status as one of the world’s most committed corporate Bitcoin holders.
Bitcoin Holdings Surge Despite Market Pressures
The company’s latest buy was announced via regulatory filing on June 23, just days after purchasing 1,112 BTC. Quarter-to-date, Metaplanet has generated a 107.9% yield from its Bitcoin exposure, with year-to-date gains now exceeding 300%. At the time of the announcement, Bitcoin traded at just under $102,000, slightly below the firm’s purchase price—but still above its long-term average cost basis of $95,560.
This upward momentum has helped Metaplanet reclaim 8th place among corporate Bitcoin holders, after briefly slipping behind Hut 8. If this acquisition trend continues, it could soon surpass Tesla and challenge CleanSpark, which currently holds 12,502 BTC. Market observers believe this could trigger a domino effect, with other firms accelerating their own crypto strategies and shifting toward decentralized asset reserves like Bitcoin and Ethereum.
Capital Deployment Signals Long-Term Confidence
Metaplanet’s crypto-centric focus is backed by significant financial moves. Earlier this year, it raised over ¥4 billion through a zero-coupon bond issuance, earmarked entirely for Bitcoin purchases. In January, it issued stock acquisition rights worth over ¥25 billion. These capital inflows have allowed the firm to expand its treasury rapidly, acquiring more than 4,000 BTC just in the current quarter.
While most traditional institutions hesitate amid economic uncertainty, Metaplanet continues to execute its Accelerated 2025–2027 Bitcoin Plan, with a goal of acquiring 210,000 BTC. CEO Simon Gerovich has reaffirmed this direction, emphasizing Bitcoin’s asymmetric return potential and long-term monetary resilience.
The broader landscape also continues to evolve. Over 240 public companies now hold Bitcoin, with joint reserves surpassing 832,000 BTC, nearly 4% of the total supply. Analysts suggest this percentage could double within five years, especially if institutional adoption intensifies.
