Metaplanet Increases Bitcoin Holdings to 12,345 BTC Following Latest Purchase

Japanese publicly listed company Metaplanet has further increased its Bitcoin holdings to 12,345 BTC, now surpassing those of the electric car giant, Tesla.

Metaplanet moved up to seventh place among major companies holding Bitcoin after purchasing an additional 1,234 Bitcoin on the open market. The new purchase puts Metaplanet ahead of companies like Coinbase, Block Inc., Bitcoin miner Hut 8, and Tesla. This move is connected to the company’s recent announcement of a $5 billion fundraising for its U.S. business, showing a strong plan to grow.

Metaplanet Increases Bitcoin Holdings

The timing of this significant purchase is crucial because it occurred just one day after Metaplanet initiated its “555 Million Plan.” The company’s purchase of 1,234 BTC cost $132.7 million, with the average price of BTC being about $107,557. This purchase continues Metaplanet’s strategy of accumulating a significant amount of Bitcoin in 2025; they now have almost ten times more BTC than at the start of the year.

Metaplanet’s CEO, Simon Gerovich, said the company now owns 12,345 BTC. They have spent about $1.20 billion on these Bitcoins, with an average cost of $97,036 per BTC. As of June 26, 2025, Metaplanet has achieved a 315% return on its Bitcoin investments this year, primarily to bolster its cash reserves.

The purchase, which occurred shortly after the company announced a $5 billion fundraise for its U.S. subsidiary, demonstrates an apparent effort to support its “555 Million Plan.”

Although the company’s stock price recently dropped by almost 25% from its highest point of 1,900 JPY last week, the recent Bitcoin purchase seems to have stopped the price from falling further. The stock is now trading around 1,560 JPY, and some investors view this as an opportunity to buy.

Second-Largest BTC Holder

Metaplanet is now the second-largest holder of Bitcoin, only behind Strategy. Metaplanet’s stock has a daily trading volume of approximately $850 million, which CEO Simon Gerovich describes as essential for a company holding Bitcoin.

This year, the Japanese company made its second large Bitcoin purchase, following its previous purchase of 1,111 BTC. Metaplanet remains confident, despite the cryptocurrency market’s fluctuations, which have been exacerbated by global events like the conflict between Iran and Israel.

Metaplanet’s plan to purchase a significant amount of Bitcoin also appears to be encouraging other companies to invest, thereby helping Bitcoin become a means of protection against global uncertainty. Over the last ten days, major companies such as Strategy, TSemler Scientific, and Metaplanet have collectively purchased over 13,000 Bitcoins.

The post Metaplanet Increases Bitcoin Holdings to 12,345 BTC Following Latest Purchase appeared first on Cointab.