BTC acquisition Archives - Coin Engineer

Metaplanet Stock Drop Sparks $3.8B Bitcoin Plan

Yeliz Akmaca — Sun, 31 Aug 2025 10:00:28 +0000

Metaplanet, listed on the Tokyo Stock Exchange, faces mounting pressure as its shares dropped sharply. Since mid-June, the stock has fallen 54%, despite Bitcoin gaining around 2% in the same period.

The company’s capital-raising model relied on MS warrants issued to Evo Fund. This “flywheel” mechanism depended on rising stock prices. However, the recent decline reduced its effectiveness. Evo Fund now finds these options less attractive, squeezing Metaplanet’s liquidity. Consequently, Bitcoin buying slowed.

Currently, Metaplanet holds 18,991 BTC, ranking it seventh among publicly traded companies in Bitcoin holdings. Management aims for 100,000 BTC by 2026 and 210,000 BTC by 2027, though financial pressures put these targets at risk.

Fundraising and FTSE Upgrade

To stabilize funding, Metaplanet plans an overseas public offering worth ¥130.3 billion ($880 million). Shareholders will also vote on issuing 555 million preferred shares, potentially raising ¥555 billion ($3.7 billion).

CEO Simon Gerovich described the preferred shares as a “defensive mechanism.” These shares offer up to 6% annual dividends and initially cover 25% of Bitcoin assets, providing attractive returns for Japanese investors.

Analysts, however, remain cautious. Natixis’ Eric Benoit noted that the Bitcoin premium determines strategy success. This premium dropped from 8x in June to 2x, increasing risk.

Evo Fund suspended MS warrant purchases between September 3–30, enabling the preferred share issuance. Whether this stabilizes Metaplanet’s funding remains uncertain.

Meanwhile, Metaplanet moved from a small-cap to a mid-cap stock in FTSE Russell’s September 2025 Semi-Annual Review. The inclusion in the FTSE Japan Index followed strong second-quarter performance and provided partial stock support.

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Metaplanet Buys More Bitcoin, Eyes 30,000 BTC By Year-End

Yigit Taha OZTURK — Mon, 23 Jun 2025 11:00:33 +0000

As institutional interest in crypto continues to grow, Japan-based Metaplanet is rapidly becoming one of the most watched players in the space. With bold buying moves and ambitious goals, the company is pushing its Bitcoin strategy forward at full speed.

Metaplanet Acquires Additional 1,111 BTC

In a statement released on Monday during Asia market hours, Metaplanet announced the purchase of 1,111 Bitcoin, bringing its total holdings to 11,111 BTC. The average price paid was $106,408 per coin.

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According to CEO Simon Gerovich, the company has now spent approximately $1.07 billion to accumulate its total Bitcoin holdings, at an average acquisition price of $95,869. At current market value, the portfolio is worth around $1.12 billion.

Revised Goal: 30,000 BTC By End Of 2025

After reaching its initial goal of 10,000 Bitcoin last week, Metaplanet has now set a new year-end target: 30,000 BTC. The company also revealed longer-term plans to hit 100,000 BTC by 2026 and 210,000 BTC by 2027.

With its latest acquisition, Metaplanet has overtaken miner Hut 8, which holds 10,273 BTC, becoming the ninth largest corporate Bitcoin holder — surpassing even Coinbase.

Despite the aggressive accumulation strategy, the market reaction was mixed. As of Monday morning, Metaplanet’s Tokyo-listed shares were down 3.54% at 1,718 yen ($11.72). Still, year-to-date performance remains strong, with a 393% increase reported by Yahoo Finance.

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Metaplanet Makes Bold Move With $104 Million Bitcoin Purchase

Yigit Taha OZTURK — Mon, 19 May 2025 09:00:14 +0000

The crypto markets have been heating up recently, and institutional investors are clearly taking notice. Japanese investment firm Metaplanet has once again grabbed headlines with a bold Bitcoin acquisition.

1,004 Bitcoin Acquired As Second-Largest Purchase To Date

On May 19, Metaplanet announced the purchase of 1,004 Bitcoin for approximately 15.2 billion yen ($104.6 million). This marks the company’s second-largest single BTC purchase ever. With this addition, Metaplanet’s total holdings reached 7,800 Bitcoin, valued at $807 million based on current market prices.

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Just a week earlier, the company had acquired 1,241 BTC worth $129 million, surpassing El Salvador’s holdings and becoming the largest public Bitcoin holder in Asia. Globally, Metaplanet now ranks tenth among public firms in terms of BTC holdings.

Strategic Growth Continues With Monthly Accumulations

Metaplanet has been aggressively expanding its Bitcoin portfolio, acquiring 2,800 BTC so far in May alone. In April, it added 794 BTC, and in March, 1,655 BTC. If the firm acquires another 301 Bitcoin, it will overtake Galaxy Digital Holdings’ position, which currently holds 8,100 BTC.

The firm reported a BTC yield of 95.6% in Q1 and 47.8% so far in Q2, reflecting strong performance per diluted share.

Michael Saylor’s Strategy remains the global leader in corporate BTC holdings, with a staggering 568,840 Bitcoin valued at nearly $59 billion. According to crypto investment firm River, corporations have outpaced ETFs, governments, and retail investors in Bitcoin acquisitions so far in 2025.

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