Japanese investment company Metaplanet announced on Tuesday (12th) that it has spent approximately 9.086 billion yen (about $61.4 million) to acquire an additional 518 Bitcoins as part of its Bitcoin financial operations, with an average purchase price of 17,540,861 yen (about $118,519).
As of August 12, Metaplanet holds a total of 18,113 Bitcoins (valued at approximately $2.155 billion based on the current price of about $119,000 per Bitcoin), according to Metaplanet's CEO Simon Gerovich, the purchase cost of these Bitcoins was about $1.85 billion, with an average purchase price of $101,911.
*Metaplanet Acquires Additional 518 $BTC, Total Holdings Reach 18,113 BTC* pic.twitter.com/rKT2l2oTRj
— Metaplanet Inc. (@Metaplanet_JP) August 12, 2025
Metaplanet was originally a company developing Web3 and metaverse technologies while operating a hotel business, but later transformed into a Bitcoin financial enterprise in April 2024, adopting Bitcoin as its core financial reserve asset to hedge against Japan's debt burden and the resulting fluctuations in the yen. Metaplanet revised its original Bitcoin reserve target last month, intending to hold 210,000 Bitcoins by the end of 2027.
According to data from Bitcointreasuries.net, Metaplanet is the sixth largest publicly traded company in the world by Bitcoin holdings. The largest is Michael Saylor's Strategy (formerly MicroStrategy), with a total of 628,946 coins, valued at approximately $7.48 billion.
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