Metaplanet, a Japanese investment firm, has deepened its commitment to Bitcoin with another multi-million-dollar purchase, reinforcing its aggressive accumulation strategy.
The company recently secured 156 BTC for approximately $13.4 million, pushing its total Bitcoin holdings to 2,391 BTC.
Since pivoting towards Bitcoin in April 2024, Metaplanet has consistently increased its reserves. Last week alone, it added 135 BTC, and in December, the firm officially integrated Bitcoin into its core business operations.
The company’s long-term vision remains ambitious, with plans to reach 10,000 BTC by the end of 2025 and double that figure by the close of 2026.
With each purchase, Metaplanet is solidifying its position as one of Japan’s most notable institutional Bitcoin adopters, continuing to acquire BTC at an average cost of $82,100 per coin.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.