Japanese Investment Firm Metaplanet Expands Bitcoin Holdings with New Major Purchase
20.02.2025 16:58 1 min. read Alexander Stefanov
Japanese investment firm Metaplanet has expanded its Bitcoin holdings to 2,100 BTC, now controlling 0.01% of the total supply.
The latest acquisition added 68.59 BTC for $6.6 million at an average price of $96,335 per coin. This purchase aligns with its broader strategy to strengthen its Bitcoin reserves.
The firm also secured $20 million in equity funding within just two days as part of its Bitcoin-focused expansion.
In addition, it announced a 1-for-10 stock split set for April 1, 2025, following a similar move eight months ago.
Metaplanet’s approach mirrors that of another major player known for aggressively increasing its Bitcoin treasury. Investor confidence remains strong, with the company’s shares rising over 1% to JPY 6,260.
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