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.
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