Tokyo-listed tech company Metaplanet has expanded its Bitcoin holdings once again, purchasing an additional 780 BTC valued at approximately $92.5 million. This latest move is part of the firm’s ongoing strategy to position itself as a major player in the digital asset space.
The Bitcoin was acquired at an average price of $118,622 per BTC, reflecting the company’s confidence in the long-term potential of the cryptocurrency. Metaplanet’s aggressive buying streak has solidified its reputation as one of the most bullish corporate investors in Bitcoin globally.
Metaplanet Now Holds Over 17,000 BTC Worth $2 Billion
Following the latest acquisition, Metaplanet’s total Bitcoin holdings have grown to 17,132 BTC, with an estimated market value of around $2 billion. CEO Simon Gerovich confirmed on X (formerly Twitter) that the company’s Bitcoin purchases were made at an average cost of $101,030 per BTC.
This makes Metaplanet the seventh-largest corporate Bitcoin holder in the world, according to data from BitcoinTreasuries.net. The ranking places it just behind major institutional investors like MicroStrategy and Tesla.
Aiming for 1% of Total Bitcoin Supply by 2027
Metaplanet began its Bitcoin accumulation strategy in April 2024 and has shown no signs of slowing down. In fact, the company recently announced an ambitious target: to acquire more than 210,000 BTC by the end of 2027. If successful, this would give Metaplanet control of roughly 1% of Bitcoin’s total supply—a bold move that demonstrates its deep conviction in the future of decentralized digital assets.
The company’s strategy reflects a growing trend among forward-thinking firms seeking to hedge against inflation, diversify their treasuries, and gain exposure to Bitcoin’s long-term upside potential.
As global interest in Bitcoin continues to grow, Metaplanet’s aggressive investment approach may set a precedent for other publicly traded companies in Asia and beyond.
