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Metaplanet Tops 17,000-Bitcoin Holdings After Latest Acquisition

Investor confidence propelled a 5% stock rally after the purchase, highlighting the firm’s push to reach 100,000 BTC by end-2026.

Metaplanet buys 780 more bitcoin, increases stash to 17,132 btc
Japan’s Metaplanet hits $2B in Bitcoin holdings after latest transfer
Metaplanet Buys 780 More Bitcoin
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Overview

  • The Tokyo-listed company acquired 780 BTC at an average price of ¥17.52 million ($118,622) per coin, pushing its treasury to 17,132 BTC worth about $2.03 billion.
  • Over 23 million new shares were issued in July alongside bond redemptions and operating income to fund the purchase.
  • CEO Simon Gerovich reported that the firm’s Bitcoin portfolio has delivered a roughly 450% year-to-date yield.
  • The average cost across the company’s entire Bitcoin holdings is about $101,030 per coin, generating significant unrealized gains with prices trading near $119,000.
  • Under its updated "555 Million Plan," the company aims to amass 100,000 BTC by end-2026 and 210,000 BTC by 2027.