Metaplanet has taken another bold step in expanding its crypto presence, announcing a substantial addition to its Bitcoin reserves.
The Tokyo-based firm, recognized as Asia’s top publicly traded Bitcoin holder, has purchased an additional 2,205 BTC—worth nearly 31.7 billion yen as of today.
This recent buy brings Metaplanet’s total Bitcoin stash to an impressive 15,555 BTC, placing its digital assets at an estimated value of $1.7 billion. The company’s strategic accumulation comes as part of its ongoing effort to leverage Bitcoin as a core treasury asset amid growing institutional interest in crypto.
Company CEO Simon Gerovich shared the news on X, stating the newly acquired coins cost $238.7 million, averaging $108,237 per Bitcoin. He also noted a sharp weekly rise in BTC Yield—a metric the company uses to gauge Bitcoin growth per share—up by 15.1%. The metric reflects Metaplanet’s effective strategy in growing per-share BTC value, even while issuing new shares.
The market responded to the announcement with a modest uptick in the company’s stock. Shares edged up 0.39% to 1,551 yen, softening recent weekly losses. Despite a dip of around 6% over the past five days, Metaplanet’s stock has gained roughly 15% over the last month.
The latest acquisition also cements Metaplanet’s status as one of the most aggressive Bitcoin buyers on the market. Just four months ago, its holdings were under 4,000 BTC. Since then, the company has more than tripled that number, climbing into the top five global Bitcoin holders, based on data from Bitcointreasuries.net. Metaplanet now trails only a handful of major players in corporate BTC holdings, including Strategy, MARA Holdings, XXI, and Riot Platforms.
Source: https://coindoo.com/metaplanet-bolsters-bitcoin-holdings-becomes-fifth-largest-holder-globally/