Japan's Metaplanet, focusing on Bitcoin financial strategies, announced today (18th) that the company has invested $93 million to buy an additional 775 Bitcoins, with an average purchase price of about $120,006 per coin.
Company CEO Simon Gerovich stated that this increase will push Metaplanet's Bitcoin holdings to 18,888 coins, with a total investment of approximately $1.94 billion, averaging a cost of $102,650 per Bitcoin.
*Metaplanet Acquires Additional 775 $BTC, Total Holdings Reach 18,888 BTC* pic.twitter.com/2WI5ORPSTp
— Metaplanet Inc. (@Metaplanet_JP) August 18, 2025
According to data compiled by Bitcointreasuries, Metaplanet currently ranks 7th among publicly listed companies worldwide in terms of Bitcoin holdings.
Impressive financial report: turning losses into profits, strong revenue
Metaplanet's latest financial report also injects confidence into the market. Second-quarter revenue reached 1.2 billion yen (approximately $8.4 million), a 41% increase from the previous quarter; net profit turned from a loss of 5 billion yen in the first quarter to a profit of 11.1 billion yen (approximately $75.1 million).
The company maintains its annual financial forecast, estimating annual revenue of 3.4 billion yen and operating profit of 2.5 billion yen, with key momentum coming from cash-secured put strategies and operational performance.
Stock price volatility; investor sentiment is divided.
However, the market's stock performance did not reflect this simultaneously. According to Yahoo Finance data, Metaplanet's stock price fell 8.6% to 866 yen at the close in Tokyo last Friday; it slightly rebounded by 0.6% during trading on Monday.
In response to the decline in stock price, Simon Gerovich reassured investors on Sunday: "I understand the market's disappointment; it's natural. But our confidence comes from the foundation we are building."
He emphasized that Metaplanet's Bitcoin revenue business has expanded for three consecutive quarters, providing not only a stable cash flow but also adding flexibility to the company's potential future financing arrangements, continuously supporting the Bitcoin strategy.
"Japan's Metaplanet buys an additional 775 Bitcoins, bringing total holdings to 18,888 coins" this article was first published on (Block客).
