Japanese investment firm Metaplanet has significantly expanded its Bitcoin holdings, acquiring 5,268 BTC in a single transaction valued at 91.6 billion yen (approx. $623 million). This bold move raises Metaplanet’s total Bitcoin stash to 30,823 BTC, making it the fourth-largest publicly traded Bitcoin treasury company in the world.
$623M Bitcoin Buy Strengthens Metaplanet’s Crypto Strategy
The latest acquisition was made at an average price of 17.4 million yen ($118,328) per Bitcoin. CEO Simon Gerovich confirmed the news via X (formerly Twitter), stating that the company now ranks just behind MicroStrategy, MARA Holdings, and XXI in terms of Bitcoin reserves among publicly listed companies.
This is not the first major crypto move from Metaplanet. The purchase follows a previous buy on September 21, where the company added $632 million worth of Bitcoin to its balance sheet—still its largest single acquisition to date.
Revenue Surges 115% as Bitcoin Strategy Gains Momentum
Beyond building its treasury, Metaplanet is also experiencing rapid business growth. In Q3 2025, the firm reported revenues of 2.438 billion yen ($16.5 million)—a 115.7% increase compared to Q2.
To support its expanding Bitcoin-focused strategy, the company has raised 1.4 billion yen by issuing 385 million new shares. In addition, Metaplanet has launched a new U.S.-based subsidiary, Metaplanet Income Corp., which will focus on Bitcoin income generation through derivatives and related products.
This strategic shift aligns with Metaplanet’s long-term vision to become a major institutional player in the Bitcoin economy, positioning itself not only as a holder but also an innovator in crypto-finance services.