Metaplanet, the Tokyo-listed company that has aggressively adopted a bitcoin accumulation strategy, has once again increased its holdings. The firm announced on Monday that it purchased an additional 780 BTC for approximately $92.5 million, at an average price of $118,622 per bitcoin.
This latest acquisition brings Metaplanet’s total bitcoin treasury to 17,132 BTC, which is valued at about $2 billion at current market prices. This makes Metaplanet the seventh-largest public corporate holder of bitcoin globally, according to data from Bitcointreasuries. CEO Simon Gerovich noted on X that the company’s overall average purchase price for all its bitcoin is $101,030.
Since beginning its bitcoin strategy in April 2024, Metaplanet has shown strong performance. The company’s bitcoin-focused business generated nearly 1.1 billion yen ($7.6 million) in revenue during the second quarter of this year, representing a 42.4% increase year-over-year.
The company’s stock has also seen significant gains, jumping 5.6% to 1,247 yen ($8.4) in midday trading on Monday. Despite a recent decline, the stock is still up an impressive 258.3% year-to-date. Metaplanet’s long-term ambition is to hold over 210,000 BTC by the end of 2027, securing 1% of the total bitcoin supply. At the time of the announcement, bitcoin was trading at $119,267, up 0.9% over the previous 24 hours.
July 2025, Cryptoniteuae
