2xEleven

#MetaplanetBTCPurchase Metaplanet Inc., a Japanese investment firm, has recently made headlines for its significant acquisitions of Bitcoin. The company's strategy involves transitioning into a Bitcoin treasury company, mirroring the approach of MicroStrategy in Western markets. Here's a breakdown of Metaplanet's Bitcoin purchases and strategy: Recent Acquisition & Total Holdings: * As of June 16, 2025, Metaplanet announced its latest purchase of 1,112 BTC for approximately $117.2 million, at an average price of $105,435 per Bitcoin. * This acquisition brings their total Bitcoin holdings to 10,000 BTC. * This amount reportedly surpasses Coinbase Global's Bitcoin holdings (9,267 BTC), making Metaplanet a notable corporate Bitcoin holder. * The total cost basis for Metaplanet's 10,000 BTC is approximately $947 million, at an average price of $94,697 per Bitcoin. Funding and Strategy: * Metaplanet has been funding its Bitcoin acquisitions through various means, including: * Issuance of zero-interest bonds. For instance, they recently approved the issuance of $210 million in ordinary bonds to EVO Fund, with the proceeds earmarked for Bitcoin purchases. * Equity offerings. In June 2025, they unveiled plans for a $5.4 billion equity offering to purchase additional Bitcoin, intending to issue 555 million shares over the next two years. * The company aims to hold 210,000 BTC by the end of 2027, a target that would make them hold approximately 1% of the total Bitcoin supply. * They initially started accumulating Bitcoin in April 2024 with around 98 BTC. Metaplanet's Business: * Metaplanet Inc. is a Japan-based company that initially focused on the hotel business. * They have since expanded into the Bitcoin treasury business, offering Bitcoin consulting services and leveraging their exclusive license for Bitcoin Magazine Japan to promote Bitcoin education. * Their strategy reflects a growing trend of corporations viewing Bitcoin as a treasury asset to hedge against currency depreciation and maximize shareholder value. $BTC