Metaplanet buys 1,234 BTC for $132.7M, surpassing Tesla’s holdings.
Total Bitcoin holdings reach 12,345 BTC, valued at $1.2B.
Acquisition follows $515M stock issuance for Bitcoin purchases.
Firm aims for 100,000 BTC by 2026, targeting 1% of supply.
Bitcoin yield hits 112.2%, signaling strong investment returns.
Metaplanet Boosts Bitcoin Holdings with Major Acquisition
Japanese investment firm Metaplanet has acquired 1,234 Bitcoins for $132.7 million, increasing its total holdings to 12,345 BTC, valued at approximately $1.2 billion. This purchase positions Metaplanet ahead of Tesla, which holds 11,509 BTC, making it one of the largest corporate Bitcoin holders globally. The transaction, completed at an average price of $107,557 per Bitcoin, reflects the firm’s aggressive strategy to integrate cryptocurrency into its treasury.
The acquisition follows Metaplanet’s $515 million capital raise through stock issuance, aimed at funding its ambitious Bitcoin accumulation plan. The firm’s CEO, Simon Gerovich, emphasized the strategic importance of the move, stating, “Our commitment to Bitcoin strengthens our financial resilience in an uncertain global economy.” This purchase aligns with Metaplanet’s goal to amass 1% of Bitcoin’s 21 million total supply by 2027.
Strategic Shift and Market Impact
Metaplanet, previously focused on hotel management, pivoted to a Bitcoin-centric treasury strategy in April 2024. This shift has driven a 500% surge in its stock price this year, attracting attention from global investors seeking regulated cryptocurrency exposure. The firm’s latest buy, part of its “555 Million Plan,” has stabilized its stock, which had fallen 25% from a high of 1,900 yen last week. On the day of the announcement, shares traded down 0.94% at 1,574 yen.
The company’s Bitcoin portfolio has grown nearly tenfold since January 2025, with an average acquisition cost of $97,036 per Bitcoin. This aggressive accumulation mirrors strategies adopted by firms like MicroStrategy, which holds over 570,000 BTC, as reported by CoinDesk. Metaplanet’s actions signal a broader trend of corporations adopting Bitcoin as a hedge against economic volatility.
Metaplanet’s Bitcoin yield, a key performance metric, reached 112.2% this quarter, reflecting strong returns on its cryptocurrency investments. The firm aims to hold 100,000 BTC by the end of 2026, a target that would solidify its position among top corporate holders. This strategy has sparked a competitive race, with companies like Semler Scientific also increasing their Bitcoin reserves, according to The Block.
The acquisition underscores Bitcoin’s growing acceptance as a corporate asset. Metaplanet’s move may influence other institutional investors, potentially tightening Bitcoin’s market supply and impacting price dynamics. The firm’s focus on transparency, through stock acquisition rights and regular disclosures, reinforces confidence in its long-term vision.