Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Metaplanet Buys 1005 BTC, Becomes 5th Largest Corporate Bitcoin Holder

bullish:

0

bearish:

0

Share

Metaplanet acquired an additional 1,005 BTC for $108.1 million. With the latest purchase, the company has increased its Bitcoin holdings to 13,350 BTC and flipped Galaxy Digital and miner CleanSpark to become the 5th largest corporate Bitcoin holder.

The stock price jumped more than 10% on Monday, reversing negative sentiment in the previous weeks.

Asia’s MicroStrategy Metaplanet Becomes 5th Largest Corporate Bitcoin Holder

According to a press release on June 30, Japan-based Metaplanet acquired an additional 1,005 BTC at $107,601 per Bitcoin.

With the latest Bitcoin purchase, the company has increased its total Bitcoin holdings to 13,350 BTC. It is worth nearly $1.31 billion at an average price of $97,832 per Bitcoin.

Moreover, the company has achieved a BTC yield of 129.4% this quarter and a BTC yield of 348.8% YTD 2025.

In an X post, CEO Simon Gerovich noted a spectacular success in achieving a high yield with its Bitcoin acquisition strategy. He confirmed plans to continue making accelerated Bitcoin purchases to generate value for its shareholders.

Metaplanet’s Bitcoin holdings have now surpassed Galaxy Digital and CleanSpark’s Bitcoin holdings, becoming the 5th largest corporate Bitcoin holder.

Last week, the company surpassed Elon Musk’s Tesla in Bitcoin holdings after it acquired 1,234 BTC worth $132.7 million.

Metaplanet’s Plan to Buy More Bitcoin This Week

The company also announced the approval of the board to issue the 19th Series of ordinary bonds to EVO FUND on Monday. Proceeds will be partially allocated to a buyback and cancellation of the 3rd series of ordinary bonds.

The company decided to proceed with the buyback and cancellation of the 3rd series of bond offering, as they bear interest and are secured by collateral.

Notably, Metaplanet will use the remaining funds to buy more Bitcoin. The company is likely targeting to claim the 4th position in the top 10 corporate Bitcoin holders list.

In early June, the company announced the Accelerated 2025-2027 Bitcoin Plan to issue 555 million shares and raise $5.4 billion. The company plans to hold 30,000 BTC by 2025, 100,000 BTC by 2026, and 210,000 BTC by the end of 2027.

The company had also approved up to $5 billion capital injection for its US subsidiary as it accelerates toward 210,000 BTC acquisition, with Florida at the center of US expansion.

Stock Price Performance Amid 210,000 BTC Acquisition Strategy

Metaplanet stock has faltered after the company announced a plan to raise $5.4 billion to hold at least 210,000 BTC by 2027. However, the recent money inflow has boosted the stock price.

Metaplanet Inc. (3350.T) stock price closed 10.74% to 1,650 yen on Monday. The 24-hour low and high were 1,507 and 1,660 yen, respectively.

As per Yahoo Finance, the stock price has rallied nearly 54% in a month and 374% year-to-date. This indicates the colossal growth after announcing the Bitcoin treasury strategy.

Traders Eye Bitcoin’s Monthly Closing Price?

BTC price has turned volatile again amid massive trading activity before the monthly close. The price closing above could trigger upside momentum.

Source: X

At the time of writing, BTC price was trading at $107,69 after paring gains. The 24-hour low and high were $107,318 and $108,799, respectively.

Furthermore, the trading volume increased by 30% in the last 24 hours, indicating a rise in interest among traders.

The post Metaplanet Buys 1005 BTC, Becomes 5th Largest Corporate Bitcoin Holder appeared first on The Coin Republic.

bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.