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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The company bought 319 BTC at an average price of ¥12,849,780 ($82,549) per coin, bringing its total to 4,525 BTC. Metaplanet plans to expand its BTC treasury by 470%, targeting 10,000 BTC by the end of 2025.

Volatility in the Markets, Long-Term Strategy Prevails

With markets reacting to unclear U.S. policy on Chinese electronics tariffs, Bitcoin dropped over 2% in Asian trading hours, down to $83,482. Despite this, Metaplanet doubled down on accumulation.

CEO Simon Gerovich said the firm is using “the most accretive capital market tools” available:

“Last year was transformational. We expanded our Bitcoin treasury and cemented our position as Asia’s leading Bitcoin Treasury Company.”

Eric Trump Joins Strategic Advisory Board

Last month, Metaplanet appointed Eric Trump, son of U.S. President Donald Trump, to its Strategic Advisory Board, citing his “business expertise and passion for Bitcoin.”

The company’s approach mirrors that of Michael Saylor’s MicroStrategy, which has aggressively accumulated BTC as a treasury asset.

U.S. Launches Bitcoin Reserve and Digital Asset Stockpile

Meanwhile, the Trump administration has initiated two crypto initiatives: a Strategic Bitcoin Reserve funded by seized BTC, and a Digital Asset Stockpile for holding or liquidating confiscated crypto strategically.

The post Metaplanet Buys $26M in Bitcoin! appeared first on Coin Engineer.

The US-based company Bitwise announced its application to the SEC for a new fund called the Bitcoin Standard Corporations ETF. This fund aims to track the stock performance of companies that hold at least 1,000 BTC in their corporate reserves.

Bitwise’s new ETF will invest in companies meeting specific criteria. Eligible companies must have a market capitalization of at least $100 million, a daily average trading volume of at least $1 million, and a public float percentage below 10%.

Nate Geraci, President of ETF Store, shared a list on his X account of companies holding at least 1,000 BTC. The list is led by MicroStrategy, followed by Marathon Digital, Riot, Hut8, Tesla, and Coinbase.

Marathon Digital CEO Fred Thiel, whose company holds over 44,000 BTC, stated, “I believe MARA should be included in this ETF.”

Simon Gerovich, CEO of Metaplanet, also highlighted his company’s eligibility, saying, “Metaplanet is a Bitcoin standard company with at least 1,000 BTC in its corporate reserves.”

Nate Geraci’s tweet on the Bitwise Bitcoin ETF:

Bitwise’s application for the Bitcoin Standard Corporations ETF reflects the growing interest in institutional-level Bitcoin investments and efforts to make such investments more accessible. This type of ETF offers investors the opportunity to benefit from the performance of major companies holding Bitcoin, while also enhancing market transparency and encouraging greater institutional participation.

This initiative has the potential to attract interest from both key players in the crypto sector and traditional investors, further solidifying Bitcoin’s position within the financial ecosystem.

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