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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