Metaplanet's Bold Bitcoin Bet: Nears 10,000 BTC Goal with Latest $117.5 Million Purchase
The Block•3 days ago•
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Metaplanet's Bold Bitcoin Bet: Nears 10,000 BTC Goal with Latest $117.5 Million Purchase

General Bitcoin News
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Summary:

  • Metaplanet buys 1,088 more BTC, totaling 8,888 BTC worth $930 million

  • The company aims to hold 10,000 BTC by year-end, adding 7,126 BTC in 2025 alone

  • CEO Simon Gerovich draws inspiration from MicroStrategy and Michael Saylor

  • Metaplanet's stock rose 2.34% on the Tokyo Stock Exchange, with a twentyfold increase over the past year

  • Bitcoin price stabilizes around $105,000 after hitting an all-time high of $111,800

Metaplanet Accelerates Bitcoin Accumulation

Japan's Metaplanet has significantly increased its Bitcoin holdings, purchasing an additional 1,088 BTC for 16.885 billion Japanese yen ($117.5 million). This strategic move brings their total Bitcoin stash to 8,888 BTC, valued at over $930 million.

Metaplanet Bitcoin Purchase

Closing in on the 10,000 BTC Target

Metaplanet is rapidly approaching its year-end goal of holding 10,000 BTC in its corporate treasury. The company has been aggressively accumulating Bitcoin throughout 2025, adding 7,126 BTC to its portfolio this year alone.

Inspired by MicroStrategy's Playbook

Metaplanet's CEO, Simon Gerovich, cites MicroStrategy's Bitcoin strategy and Michael Saylor's leadership as key inspirations. Following in the footsteps of these pioneers, Metaplanet has become Asia's largest publicly traded Bitcoin holder and ranks among the top 10 global holders.

Market Impact and Stock Performance

Following the announcement, Metaplanet's stock on the Tokyo Stock Exchange rose 2.34%, continuing its twentyfold surge over the past year. Meanwhile, Bitcoin's price hovers around $105,000, stabilizing after a recent all-time high of $111,800.

The Growing Trend of Crypto Treasuries

Metaplanet's success has inspired other firms to adopt crypto treasury strategies, with companies like Jack Mallers-led Twenty One joining the movement. This trend extends beyond Bitcoin, with firms also exploring Ether, XRP, Solana, and other altcoins for corporate treasuries.

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