Metaplanet Acquires Additional 1,005 BTC for $108M
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Japanese investment firm Metaplanet has increased its bitcoin (BTC) portfolio with its latest acquisition. The purchase comes as the publicly listed company added 1,234 BTC to its crypto vehicle last week.
Metaplanet Surpasses Coinbase and Tesla in Bitcoin Holdings
In a recent post on X, Metaplanet revealed that it acquired 1,005 BTC, valued at $108 million. The move has further solidified the company’s position as one of the largest players in the industry. The investment firm holds fifth place among major companies that hold bitcoin, surpassing Coinbase, electric vehicle manufacturer Tesla, Galaxy Digital Holdings, GameStop, and Semler Scientific.
Following the acquisition, the firm now holds 13,350 BTC, worth approximately $1.441 billion. According to the announcement, Metaplanet purchased the coins at an average price of 15,569,831 yen ($107,983 per bitcoin). Moreover, the company has achieved a BTC Yield of 129.4% from April 1 to June 30, 2025.
Additionally, the purchase announcement has impacted the company’s stock price, which is currently trading at 1,650 JPY, representing an over 10% increase. The aggressive and continuous BTC purchase by Metaplanet demonstrates its strong commitment to the world’s largest crypto asset by market capitalization.
Growing Institutional Confidence in Bitcoin
The firm plans to significantly increase its crypto holdings to 210,000 BTC by the end of 2027. So far, the company is making an impressive move towards reaching its goal. The Japanese-based investment company also aims to hold at least 1% of the total Bitcoin supply by the end of next year.
This will further highlight the rapid acceptance of the crypto asset. Over the last week, BTC experienced drawbacks due to some factors. However, the asset has shown signs of a remarkable recovery, trading at over $107,800.
The surprising performance of Bitcoin has prompted some crypto enthusiasts to predict potential prices for the asset despite its uncertain future. Recently, financial expert and renowned author Robert Kiyosaki has expressed the belief that BTC could eventually reach $1 million per coin.
According to Kiyosaki, he views bitcoin as a hedge against inflation and government control over the money supply. Recently, he has encouraged individuals to acquire BTC, regardless of the amount. He shared a personal experience when he thought $6,000 was expensive when he first purchased BTC. Fast forward to today, BTC stands at roughly $107,000, and he says he is buying more.
The post Metaplanet Acquires Additional 1,005 BTC for $108M appeared first on Cointab.
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