Metaplanet Expands Bitcoin Holdings with $43.9M Purchase
05.03.2025 17:04 1 min. read Alexander Stefanov
Metaplanet is ramping up its Bitcoin holdings, securing an additional 497 BTC for $43.9 million as part of its long-term accumulation plan.
The Tokyo-listed firm now holds 2,888 BTC, with an average purchase price of $83,172 per coin, bringing the total investment to $240.2 million.
At current market rates, this translates to $251 million in unrealized gains.
The company has been aggressively increasing its Bitcoin reserves since April 2024, officially integrating BTC into its core business strategy by December.
Its ambitious targets include reaching 10,000 BTC by the end of 2025 and doubling that to 21,000 BTC by 2026.
Following the latest purchase, Metaplanet’s stock surged 17% in Japan, signaling strong investor confidence in its Bitcoin-centric approach.
Meanwhile, Bitcoin itself climbed 4% in the past day to $87,443, further supporting the growing trend of institutional adoption of the cryptocurrency.
-
1
Could Microsoft’s New Quantum Processor Pose a Risk to Bitcoin?
21.02.2025 19:00 2 min. read -
2
21 Key Bitcoin Principles From Strategy’s Michael Saylor
18.02.2025 12:00 1 min. read -
3
Another Asian Company Begins Investing in Bitcoin
17.02.2025 8:00 1 min. read -
4
Michael Saylor Presents New Bitcoin Proposal to U.S. Government
17.02.2025 10:00 1 min. read -
5
Arthur Hayes Warns Against U.S. Bitcoin Reserve, Citing Political Risks
06.02.2025 21:00 2 min. read
Robert Kiyosaki Backs Bitcoin as Key to U.S. Financial Recovery
Robert Kiyosaki, the bestselling author behind Rich Dad Poor Dad, continues to champion Bitcoin as a solution to the United States’ financial struggles.
El Salvador Stands Firm on Bitcoin Strategy Despite IMF Restrictions
El Salvador’s President, Nayib Bukele, has boldly reaffirmed his country’s unwavering commitment to its Bitcoin initiative despite external pressure from the International Monetary Fund (IMF).
Bitcoin Starts to Gain Momentum Despite Intensifying Trump Trade War
Despite growing trade tensions between the U.S. and Canada, Bitcoin’s price has risen above $88,000, reflecting the market chaos.
BlackRock Warns Bitcoin Supply Is Too Limited to Meet Growing Demand
BlackRock, the world’s largest asset manager, has highlighted a significant imbalance between Bitcoin’s supply and the growing demand from U.S. millionaires.
-
1
Could Microsoft’s New Quantum Processor Pose a Risk to Bitcoin?
21.02.2025 19:00 2 min. read -
2
21 Key Bitcoin Principles From Strategy’s Michael Saylor
18.02.2025 12:00 1 min. read -
3
Another Asian Company Begins Investing in Bitcoin
17.02.2025 8:00 1 min. read -
4
Michael Saylor Presents New Bitcoin Proposal to U.S. Government
17.02.2025 10:00 1 min. read -
5
Arthur Hayes Warns Against U.S. Bitcoin Reserve, Citing Political Risks
06.02.2025 21:00 2 min. read
