Metaplanet now holds 13,350 BTC after buying 1,005 more and moves ahead of Galaxy Digital in total holdings.
The firm used zero interest bonds worth $208 million to raise funds for the Bitcoin purchase.
Metaplanet shares rose 10% after the announcement and have gained 360% since the start of the year.
Japanese Bitcoin treasury firm Metaplanet has purchased an additional 1,005 BTC for $108 million. The average price per coin was $107,601. This move pushes the firm’s total holdings to 13,350 BTC.
https://twitter.com/Metaplanet_JP/status/1939519938110079335?s=19
Metaplanet has now surpassed Galaxy Digital and CleanSpark in corporate Bitcoin holdings. Galaxy holds 12,830 BTC, while CleanSpark holds 12,502 BTC. Based on current market values, Metaplanet’s Bitcoin holdings are now worth $1.4 billion.
Rapid Growth in Holdings
Just three months ago, Metaplanet held 3,350 BTC, as noted during a shareholder meeting. The company has since added 10,000 BTC to its reserves. This growth reflects Metaplanet’s continued push to expand its Bitcoin portfolio.
The company aims to hold over 210,000 BTC by the end of 2027. This goal was shared earlier this month during a strategic update. The company also announced a plan to raise funds through bond issuance to support this target.
Strategic Bond Issuance
As part of the new funding strategy, Metaplanet issued 30 billion yen in zero-interest bonds. This translates to around $208 million. The company used its EVO fund for this purpose. The funds will partly go toward buying more Bitcoin.
The company also confirmed the cancellation of older bonds worth 1.75 billion yen, or $12 million. These older bonds carried a yearly interest rate of 0.36%. By canceling them, Metaplanet freed up more capital to invest in Bitcoin.
This structure gives the firm an interest-free loan. It also allows the company to reallocate resources toward its Bitcoin strategy.
Share Performance and Market Response
Following the announcement of its "Accelerated 2025–2027 Bitcoin Plan," Metaplanet’s shares briefly dipped. The plan includes issuing 555 million new shares to raise $5.4 billion. The target is to accumulate 210,000 BTC by 2027.
However, the market reacted positively to the latest Bitcoin purchase. As of Monday, Metaplanet’s shares rose 10%, trading at 1,649 yen. The 24-hour trading range sits between 1,507 yen and 1,625 yen.
According to Yahoo Finance, Metaplanet’s stock is up 40.91% this month. Year-to-date, the share price has surged 360%.
Rising Trend Among Public Firms
Over 140 public companies now hold Bitcoin on their balance sheets. This trend continues to grow across the corporate sector. Metaplanet’s latest purchase further highlights this momentum.
MicroStrategy remains the top corporate holder with 592,345 BTC. The firm added 245 BTC last week, continuing its steady accumulation.
