Metaplanet Continues its Buying Spree Adding 1,088 BTC to Net Holdings

Metaplanet Inc., a Japanese investment firm, has further solidified its presence in the cryptocurrency sphere with a strategic acquisition of 1,088 Bitcoin, increasing its already considerable reserves. This latest purchase elevates the company’s total holdings to an impressive 8,888 BTC, currently valued at approximately $933 million.

Metaplanet announced its acquisition of an additional 1,088 BTC, bringing their total holdings to 8,888 BTC, via an X post on June 2, 2025.

Metaplanet Increase BTC Net Holding

Metaplanet’s CEO, Simon Gerovich, stated that the company acquired 1,088 BTC at an average price of $107,771 per coin. This investment has generated an impressive 225.4% year-to-date return.

Moreover, the acquisition cost totaled $117.3 million. In total, Metaplanet spent approximately $829.7 million to acquire its 8,888 BTC holdings, with an average price of $93,354 per bitcoin.

Furthermore, the market likes Metaplanet’s plan to buy more Bitcoin. Metaplanet Inc. (3350.T) stock is up, indicating that investors have confidence in the company.

Currently, shares are priced at 1,095 yen, representing a 2.62% increase. Yahoo Finance data shows a significant jump of over 155% in the last month and almost 214% since the start of the year, indicating that Metaplanet has experienced substantial growth.

According to CoinGecko data, the purchase occurred when Bitcoin was trading above $105,000. Now, Bitcoin is valued at $104,968, up 0.41% today. Over the past month, the price of BTC has increased by 8%. Additionally, trading has increased slightly, by 3%, reaching $37.45 billion, indicating that people remain interested and active in the cryptocurrency market.

Closing In on 2025 Targets

On May 28th, Metaplanet issued $50 million in 0% Ordinary Bonds to purchase an additional 1,004 BTC; however, on May 19th, it had already bought 1,004 BTC for approximately $104.3 million, increasing its holdings to 7,800 BTC, which exceeds the 6,189.18 Bitcoins that El Salvador has claimed to own.

Previously, CEO Simon Gerovich explained that Bitcoin’s changes are a good thing in a recent post, saying:

“Bitcoin’s changes aren’t a problem. They’re a sign of energy. It helps us. It speeds up the process of acquiring BTC. And most of all, it attracts money.”

The company’s Bitcoin earnings have undergone significant changes, illustrating the rapid pace of the crypto market. They earned 41.7% in the third quarter of 2024, then 309.8% in the fourth quarter of 2024, 95.6% in the first quarter of 2025, and 66.3% so far in the second quarter of 2025.

Notably, to strengthen this plan, the company aims to hold 10,000 Bitcoins by the end of 2025 and 21,000 Bitcoins by the end of 2026. They are serious about reaching these goals, as shown by their recent bond release and changes in leadership.

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