Simon Gerovich, the Chief Executive Officer of Metaplanet, said in a X post dated June 26, 2025, that the company has bought 1,234 Bitcoins for $132.7 million at a price of $107,557 per BTC.
Following the purchase of 1,234 Bitcoins, Metaplanet’s total holdings have reached 12,345 BTC, bought for $1.20 billion at $97,036 per coin.
It is worth noting that the Bitcoin yield of Metaplanet between April 01 to June 01 is 112.2%; since last year, the company has shown its active participation in buying more and more BTC to meet its reserve strategy.
In a follow-up post about the Bitcoin acquisition, Simon Gerovich stated that Metaplanet has now surpassed Tesla in terms of Bitcoin holdings. Tagging Elon Musk, he jokingly added, “See you on Mars.”
Experts argue that Metaplanet’s pace at acquiring Bitcoin is appreciable, and odds are in favor of the company completing its aim to buy 30,000 BTC by 2025.
The company is targeting 100,000 Bitcoins by 2026 as part of its ‘555 million plan’, scaling from its earlier ‘21 million plan’ in which it intended to buy 21,000 BTC.
When writing, Bitcoin is trading at $107,805 with an increase of 1.30% intraday and in the past 7 days, it grew roughly 3.00%. The market capitalization of Bitcoin was $2.14 trillion with a surge of 1.28% in the past 24 hours, and in the same frame, trading volume grew by 8.94% reaching $51.72 billion.
Over the past few sessions, Bitcoin turned towards the bullish territory and especially after positive inflows in BTC spot ETFs and back-to-back buying by institutional players.
Metaplanet stock price updates
As of writing, TYO:3350 was trading at 1,571 JPY with a loss of 4.52% and in the weekly trading frame, it is down by 15.17%. However, in the past 30 days, the stock price grew by around 47.26% and added more than 360% in the YTD frame.
According to a X post by the founder and CEO of Tesmanian(dot)com, “ I’ve conducted thorough research on Metaplanet, and at this point, any price below my target is irrelevant—because in my view, it’s already trading below fair value. For me, the question isn’t whether it will reach my target price; it’s simply a matter of time for the thesis to play out.”
It is noteworthy that there are two groups of traders in the market, some terming Metaplanet an undervalued stock and comparing it with GME stock, but others say it is overvalued and overbought and might trouble investors in the future.
Until publishing, the market capitalization of Metaplanet was $6.24 billion, which is up by 679% compared to that in 2024.
