Metaplanet now holds 12,345 BTC after buying 1,234 more and has moved ahead of Tesla in Bitcoin reserves.
The company plans to raise $5.4 billion to buy 210,000 BTC by the year 2027.
Metaplanet stock has surged over 500% since it shifted its focus to Bitcoin in April 2024.
Metaplanet has added 1,234 Bitcoin to its treasury, bringing its total holdings to 12,345 BTC. The company confirmed the acquisition in a regulatory filing on Thursday. It acquired the new Bitcoin at an average price of ¥15.6 million, or approximately $107,900 per coin. The total investment for this purchase reached about $132.7 million.
https://twitter.com/Metaplanet_JP/status/1938070428443910522
This latest move strengthens Metaplanet’s ongoing shift toward Bitcoin as a primary treasury asset. The company launched this strategy in April 2024 and has continued to accelerate its buying pace. Since then, Metaplanet has expanded its Bitcoin reserves nearly tenfold. The company now ranks among the top corporate holders of Bitcoin worldwide.
“555 Million Plan” Accelerates Treasury Growth
The purchase follows the launch of Metaplanet’s “555 Million Plan,” a bold initiative to raise $5.4 billion by 2027. The plan’s goal is to buy 210,000 Bitcoin over the next three years. This would account for 1% of Bitcoin’s fixed supply of 21 million. On June 24, Metaplanet raised over $517 million on the plan’s first day.
Funds were secured through the issuance of 54 million shares, exercised under a prior agreement with EVO Fund. The company has stated that 96% of the raised capital will go directly into Bitcoin purchases. The remaining funds will be used for bond redemptions and structured yield strategies. Metaplanet’s strategy reflects a strong commitment to long-term crypto reserves.
Company Climbs the Global Bitcoin Ranking
With the latest purchase, Metaplanet now holds more Bitcoin than Tesla. It has climbed from the tenth to the seventh spot among corporate holders. It also overtook Coinbase, Block Inc., and Hut 8 in total holdings. Market data estimates the firm’s Bitcoin is now worth over $1.3 billion.
The company’s average acquisition cost is about $97,000 per Bitcoin. Its stock has surged over 500% since the Bitcoin pivot began. Investors now see Metaplanet as a gateway for regulated exposure to digital assets. The firm has attracted both retail traders and institutional buyers from around the world.
Institutional Demand Fuels Bitcoin Momentum
Metaplanet’s purchase is part of a broader wave of institutional Bitcoin buying. In the past ten days, Metaplanet, MicroStrategy, and Semler Scientific acquired over 13,000 BTC combined. ProCap BTC also added 4,932 BTC following its $1 billion fundraise. These moves continue to drive demand despite ongoing market volatility.
Metaplanet remains focused on hitting its long-term goal of 200,000 BTC. Each new acquisition tightens its alignment with Bitcoin’s role as a strategic reserve asset.
