Japanese investment firm Metaplanet has bolstered its Bitcoin holdings with a fresh purchase of 162 BTC, pushing its total stash to 3,050 BTC.
CEO Simon Gerovich confirmed the acquisition, revealing that the company spent $13.5 million at an average price of $83,123 per Bitcoin.
Even with Bitcoin’s recent price dip, Metaplanet’s crypto assets are now worth around $249.4 million—just shy of the $253.7 million the company has spent on its acquisitions.
Since April 2024, when it first announced its Bitcoin-focused strategy, the firm has consistently increased its holdings. By December, it had formally made Bitcoin treasury operations a core business focus.
Metaplanet has been on a buying spree in 2025, recently snapping up 497 BTC for $43.9 million. With its total Bitcoin acquisitions for the year reaching 1,300 BTC, the company remains committed to its ambitious target of 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.
Investors took notice of Metaplanet’s latest Bitcoin move, sending its stock up 8.1% to 3,610 yen during midday trading in Japan.
After weeks of uncertainty, the bearish grip on Bitcoin may finally be easing, according to a recent analysis by crypto research firm Swissblock.
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.
Bitcoin has soared to new heights in 2024, yet the excitement that once accompanied these milestones is strangely missing. Instead of wild rallies and viral trading crazes, the current market feels almost businesslike—more calm than chaos.
Oklahoma is stepping away from its bid to create a state-managed Bitcoin reserve after a closely watched proposal failed to clear a key hurdle in the State Senate.