Metaplanet increased its Bitcoin holdings to 16,352 BTC after buying 797BTC for $93.6 million during a strong market rally.
Bitcoin reached a new all-time high of $122,540 with daily trading volume above $60 billion and strong gains in futures markets.
Metaplanet aims to build a massive reserve of over 210,000 Bitcoin by 2027 and is also planning to acquire cash-generating businesses using BTC.
Metaplanet has added 797 BTC to its holdings. The Japanese investment company spent around $93.6 million on the purchase. Each coin was bought at an average price of $117,451. This move brings the firm’s total Bitcoin holdings to 16,352 BTC. The current value of the holdings is approximately $1.64 billion.
https://twitter.com/WuBlockchain/status/1944596632617828475
The company disclosed that it has seen a 435.9% return on Bitcoin investments in 2025. Over the past week alone, it acquired 3,002 BTC. In the past month, the firm added 7,464 BTC. These additions signal continued strong interest in building long-term reserves.
Stock Reaction Remains Muted Amid Bullish BTC Trend
Despite the major acquisition, Metaplanet’s stock showed little movement in early Japan trading. The stock traded near 1,580 yen, up just over 1% by midday. Market analysts, however, remain optimistic. Benchmark placed a target of over 2,400 yen on the stock. This reflects a potential 50% upside from current levels.
The company’s mNAV ratio has narrowed to 3.78. This decline makes the stock appear undervalued to some investors. The lower mNAV, coupled with growing BTC reserves, may attract further attention.
Bitcoin Surges, Market Cap Climbs
Bitcoin crossed the $121,000 mark on Sunday, reaching a new all-time high of $122,540. Its market cap now stands at $2.4 trillion. BTC has become one of the five most valuable assets globally. It now ranks above tech giants such as Amazon and Alphabet.
Trading activity has surged in response. Daily volume exceeded $60 billion. BTC futures open interest rose 4% to $86.1 billion. Short liquidations reached $281 million in 24 hours. This surge follows rising institutional interest. Spot Bitcoin ETFs saw $2.7 billion in inflows over the past week.
Metaplanet Maintains Aggressive Bitcoin Strategy
Metaplanet remains the fifth-largest public holder of Bitcoin. It trails MicroStrategy, Marathon Digital, Twenty One, and Riot Platforms. The firm pivoted last year from hotel operations to a Bitcoin-focused strategy.
Its goal is to hold over 210,000 BTC by the end of 2027. The company also aims to use Bitcoin holdings to acquire cash-generating businesses. In Q2, Metaplanet posted revenue of 1.1 billion yen, up 42.4% year-over-year.
The company continues to build on its strategy despite market volatility. Its leadership views the current market as an opportunity to expand further into digital assets and related sectors.
